HighPoint Resources Corporation (NYSE:HPR) traded at $0.3 at last check on Tuesday, Jun 30, making a downturn move of -4.93% on its previous day’s price.
Looking at the stock we see that its previous close was $0.3123 and the beta (5Y monthly) reads 4.21 with the day’s price range being $0.2900 – 0.3121. In terms of its 52-week price range, HPR has a high of $1.98 and a low of $0.16. The company’s stock has gained about 30.12% over that past 30 days.
On the other hand, looking at the outlook for the HPR stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Let’s briefly compare HighPoint (HPR) stock to its peers. We find that today’s price change of -4.93% and -82.84% over the past 12 months for HPR competes that of Eog Resources (EOG), which has seen its stock price rise 0.58% in the latest trading session and is -46.7% over the last one year. Another of its peers Pioneer Natural Resources Company (PXD) has climbed 1.2% today, but is -38.62% down over the past year, while Cheniere Energy (LNG) is also down -4.93% yet its price remains in the red at -82.84% over the same period. Eog has a P/E ratio of 13.66 compared to HighPoint’s 0 and Pioneer’s 22.5. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.04% and 0.46%, respectively, in early deals.
Coming back to HighPoint Resources Corporation (NYSE:HPR), we note that the average 3-month trading volume was 5.81 Million, while that of the preceding 10-day period stands at 8.19 Million. Current shares outstanding are 213.67 Million.
According to data from Thomson Reuters, insiders hold 1.64% of the company’s shares while institutions hold 91.97%. The data shows that short shares as of June 14, 2020, stood at 19.01 Million at a short ratio of 3.62. This represents a 8.84% Short interest in Shares outstanding on June 14, 2020. Shares short rose in June from the previous month at 15.92 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -81.52% down in year-to-date price movement.