Evolution Petroleum (NYSEAMERICAN:EPM) Stock Price Down 0.2% – Should You Sell?

Evolution Petroleum Co. (NYSEAMERICAN:EPM) traded down 0.2% on Thursday . The stock traded as low as $5.48 and last traded at $5.57. 155,498 shares changed hands during mid-day trading, an increase of 1% from the average session volume of 154,310 shares. The stock had previously closed at $5.58.

Evolution Petroleum Stock Up 0.4 %

The company has a market cap of $186.48 million, a PE ratio of 69.88 and a beta of 0.81. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.51.

Institutional Trading of Evolution Petroleum

Several large investors have recently modified their holdings of the business. Dimensional Fund Advisors LP increased its holdings in Evolution Petroleum by 0.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,336,348 shares of the energy company’s stock valued at $7,043,000 after buying an additional 5,250 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of Evolution Petroleum by 4.7% during the 2nd quarter. Renaissance Technologies LLC now owns 1,315,383 shares of the energy company’s stock worth $6,932,000 after purchasing an additional 58,586 shares during the period. American Century Companies Inc. boosted its holdings in shares of Evolution Petroleum by 5.5% during the second quarter. American Century Companies Inc. now owns 572,850 shares of the energy company’s stock valued at $3,019,000 after acquiring an additional 29,823 shares during the period. Rhumbline Advisers boosted its stake in Evolution Petroleum by 10.0% during the 2nd quarter. Rhumbline Advisers now owns 47,523 shares of the energy company’s stock valued at $250,000 after purchasing an additional 4,310 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in Evolution Petroleum in the 2nd quarter worth approximately $179,000. 60.07% of the stock is currently owned by institutional investors and hedge funds.

About Evolution Petroleum

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.