Evolution Petroleum (NYSEAMERICAN:EPM) Shares Pass Below Fifty Day Moving Average – Should You Sell?

Evolution Petroleum Co. (NYSEAMERICAN:EPMGet Free Report) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $4.56 and traded as low as $4.48. Evolution Petroleum shares last traded at $4.50, with a volume of 143,343 shares.

Evolution Petroleum Stock Down 1.7%

The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.51. The stock has a market cap of $150.12 million, a PE ratio of 56.26 and a beta of 0.81. The stock has a 50 day moving average price of $4.56.

Evolution Petroleum Company Profile

(Get Free Report)

Evolution Petroleum Corporation, an energy company, engages in the development, production, ownership, and exploitation of onshore oil and gas properties in the United States. The company holds interests in a CO2 enhanced oil recovery project in Louisiana's Delhi field. Its Delhi Holt-Bryant Unit covers an area of approximately 13,636 acres located in Northeast Louisiana.

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