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Evolution Petroleum (NYSEAMERICAN:EPM) Share Price Crosses Below 50 Day Moving Average - What's Next?

Evolution Petroleum logo with Energy background

Evolution Petroleum Co. (NYSEAMERICAN:EPM - Get 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 changing hands.

Evolution Petroleum Price Performance

The stock has a market capitalization of $143.95 million, a P/E ratio of 54.01 and a beta of 0.81. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.49 and a current ratio of 1.49. The company's 50-day moving average is $4.52.

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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