Evolution Petroleum (NYSEAMERICAN:EPM) Stock Passes Above 200 Day Moving Average - What's Next?

Key Points

• Evolution Petroleum crossed above its 200-day moving average, reaching a high of $5.23 during trading.
• The company's current market capitalization is $175.67 million with a P/E ratio of -170.67.
• Evolution Petroleum specializes in the development and production of onshore oil and gas properties, including a notable CO2 enhanced oil recovery project in Louisiana.

Evolution Petroleum Corporation, Inc. (NYSEAMERICAN:EPM - ) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $5.23. Evolution Petroleum shares last traded at $5.12, with a volume of 108,426 shares.

Evolution Petroleum Trading Down 1.0%

The company has a debt-to-equity ratio of 0.50, a current ratio of 0.88 and a quick ratio of 0.88. The company has a 50 day moving average of $4.94. The firm has a market cap of $175.67 million, a P/E ratio of -170.67 and a beta of 0.61.

Evolution Petroleum Company Profile

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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