Epsilon Energy (NASDAQ:EPSN) Stock Crosses Below 200-Day Moving Average - Should You Sell?

Key Points

• Epsilon Energy shares fell below their 200-day moving average of $5.72, reaching an intraday low of $5.48 before last trading at $5.573.
• Analyst sentiment remains neutral: the stock carries an average Hold rating from one analyst, while Weiss Ratings upgraded its assessment from “hold (c-)” to “hold (c).”
• The company reported a quarterly loss of $0.03 per share on $18.26 million in revenue and pays an annualized dividend of $0.25, a yield of about 4.5%.

Epsilon Energy Ltd. (NASDAQ:EPSN - Get Free Report) passed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $5.72 and traded as low as $5.48. Epsilon Energy shares last traded at $5.5730, with a volume of 115,508 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings raised Epsilon Energy from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday, October 23rd. One analyst has rated the stock with a Hold rating. According to data from MarketBeat, the stock has an average rating of "Hold".

Epsilon Energy Stock Performance

The company has a market capitalization of $168.77 million and a price-to-earnings ratio of -26.54. The stock's 50 day moving average price is $6.07 and its 200 day moving average price is $5.72. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.31.

Epsilon Energy (NASDAQ:EPSN - Get Free Report) last released its earnings results on Wednesday, August 12th. The company reported ($0.03) earnings per share (EPS) for the quarter. Epsilon Energy had a negative net margin of 3.77% and a positive return on equity of 5.56%. The company had revenue of $18.26 million during the quarter.

Epsilon Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were paid a dividend of $0.0625 per share. The ex-dividend date was Tuesday, September 15th. This represents a $0.25 annualized dividend and a dividend yield of 4.5%. Epsilon Energy's payout ratio is currently -119.05%.

Institutional Investors Weigh In On Epsilon Energy

Hedge funds have recently bought and sold shares of the company. International Assets Investment Management LLC increased its position in Epsilon Energy by 8.2% during the third quarter. International Assets Investment Management LLC now owns 216,356 shares of the company's stock worth $1,270,000 after buying an additional 16,375 shares during the last quarter. Verdence Capital Advisors LLC raised its stake in Epsilon Energy by 1.7% in the third quarter. Verdence Capital Advisors LLC now owns 146,950 shares of the company's stock valued at $852,000 after buying an additional 2,489 shares during the period. Apollon Wealth Management LLC bought a new stake in Epsilon Energy in the third quarter valued at approximately $59,000. GAMMA Investing LLC raised its stake in Epsilon Energy by 337.4% in the third quarter. GAMMA Investing LLC now owns 7,606 shares of the company's stock valued at $44,000 after buying an additional 5,867 shares during the period. Finally, Odyssean LLC lifted its position in shares of Epsilon Energy by 163.9% in the second quarter. Odyssean LLC now owns 48,272 shares of the company's stock valued at $261,000 after buying an additional 29,982 shares during the last quarter. 60.33% of the stock is currently owned by institutional investors and hedge funds.

Epsilon Energy Company Profile

Epsilon Energy Ltd. NASDAQ: EPSN is an independent energy company engaged in the acquisition, development, exploration and production of oil and natural gas assets in North America. Its operations are focused primarily on unconventional resource plays and related midstream infrastructure.

The company's principal asset base is associated with the Marcellus Shale in northeastern Pennsylvania, where Epsilon holds interests in natural gas wells and gathering systems. These assets provide exposure to natural gas production and infrastructure serving regional energy markets.

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