Epsilon Energy (NASDAQ:EPSN) Trading Down 1.6% – Should You Sell?

Epsilon Energy Ltd. (NASDAQ:EPSN)’s stock price dropped 1.6% during trading on Monday . The company traded as low as $4.90 and last traded at $4.91. Approximately 183,128 shares changed hands during trading, an increase of 13% from the average daily volume of 161,404 shares. The stock had previously closed at $4.99.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Epsilon Energy in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Epsilon Energy has an average rating of “Hold” and a consensus target price of $8.40.

Epsilon Energy Stock Down 1.6%

The company has a market cap of $146.76 million, a P/E ratio of 18.19 and a beta of -0.05. The business has a 50-day moving average price of $4.69 and a two-hundred day moving average price of $5.00.

Insider Transactions at Epsilon Energy

In other Epsilon Energy news, major shareholder Solas Capital Management, Llc sold 40,000 shares of the company’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $4.63, for a total transaction of $185,200.00. Following the transaction, the insider directly owned 3,554,613 shares in the company, valued at approximately $16,457,858.19. This represents a 1.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders have sold 74,427 shares of company stock worth $346,720. Corporate insiders own 7.10% of the company’s stock.

Institutional Investors Weigh In On Epsilon Energy

Institutional investors and hedge funds have recently modified their holdings of the business. Cubist Systematic Strategies LLC bought a new position in Epsilon Energy in the first quarter valued at approximately $77,000. Goldman Sachs Group Inc. bought a new stake in shares of Epsilon Energy during the 1st quarter valued at $151,000. Empowered Funds LLC lifted its stake in shares of Epsilon Energy by 8.5% in the 1st quarter. Empowered Funds LLC now owns 98,009 shares of the company’s stock valued at $692,000 after purchasing an additional 7,643 shares during the period. Jane Street Group LLC lifted its stake in shares of Epsilon Energy by 346.2% in the 1st quarter. Jane Street Group LLC now owns 47,980 shares of the company’s stock valued at $339,000 after purchasing an additional 37,226 shares during the period. Finally, Acadian Asset Management LLC bought a new position in shares of Epsilon Energy in the 1st quarter worth $311,000. 60.33% of the stock is owned by institutional investors.

Epsilon Energy Company Profile

Epsilon Energy (NASDAQ: EPSN) is an independent exploration and production company specializing in the acquisition, development and production of unconventional and conventional oil and natural gas properties. Originally founded as Brewster Energy in 2002 and rebranded to Epsilon Energy in 2011, the company pursues a disciplined approach to resource development, leveraging its technical expertise to optimize well performance and manage operational costs.

The company’s core asset base is concentrated in the Appalachian Basin, where it holds acreage in key shale formations across Pennsylvania, West Virginia and Ohio.