El Paso Corporation (NYSEAMERICAN:EP - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $2.85 and traded as high as $3.22. El Paso shares last traded at $3.12, with a volume of 26,378 shares.
El Paso Stock Up 2.0%
The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.37 and a current ratio of 0.42. The stock has a market cap of $124.11 million, a P/E ratio of -1.52 and a beta of 0.34. The stock's fifty day simple moving average is $2.77 and its 200-day simple moving average is $2.85.
El Paso (NYSEAMERICAN:EP - Get Free Report) last announced its earnings results on Friday, August 14th. The basic materials company reported ($0.06) earnings per share (EPS) for the quarter. El Paso had a negative return on equity of 119.38% and a negative net margin of 229.58%.The business had revenue of $9.51 million for the quarter.
Institutional Investors Weigh In On El Paso
Large investors have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC raised its holdings in El Paso by 325.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,696 shares of the basic materials company's stock valued at $41,000 after acquiring an additional 5,889 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of El Paso during the 2nd quarter worth $76,000. Deutsche Bank AG grew its holdings in shares of El Paso by 138.3% during the 4th quarter. Deutsche Bank AG now owns 27,271 shares of the basic materials company's stock worth $83,000 after purchasing an additional 15,828 shares in the last quarter. Citadel Advisors LLC bought a new position in shares of El Paso in the third quarter worth $93,000. Finally, Wellington Management Group LLP increased its position in shares of El Paso by 69.7% in the fourth quarter. Wellington Management Group LLP now owns 50,707 shares of the basic materials company's stock worth $154,000 after purchasing an additional 20,827 shares during the period.
El Paso Company Profile
(
Get Free Report)
Empire Petroleum Corporation engages in the exploration and development of oil and gas interests in Louisiana, New Mexico, North Dakota, Montana, and Texas. The company was formerly known as Americomm Resources Corporation and changed its name to Empire Petroleum Corporation in August 2001. Empire Petroleum Corporation was incorporated in 1983 and is headquartered in Tulsa, Oklahoma.
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