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

Epsilon Energy Ltd. (NASDAQ:EPSN)’s share price was down 1.6% 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.

Wall Street Analyst Weigh In

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

Epsilon Energy Trading Down 1.6%

The company has a market cap of $146.76 million, a price-to-earnings ratio of 18.19 and a beta of -0.05. The company has a fifty day moving average price of $4.69 and a two-hundred day moving average price of $5.00.

Insider Activity

In related news, major shareholder Solas Capital Management, Llc sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $4.63, for a total transaction of $185,200.00. Following the completion of the transaction, the insider owned 3,554,613 shares in the company, valued at $16,457,858.19. This trade represents a 1.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders have sold 74,427 shares of company stock valued at $346,720. Corporate insiders own 7.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of EPSN. BNP Paribas Financial Markets increased its holdings in Epsilon Energy by 179.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,394 shares of the company’s stock valued at $32,000 after purchasing an additional 4,109 shares in the last quarter. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of Epsilon Energy during the second quarter worth $33,000. Claro Advisors Inc. acquired a new stake in shares of Epsilon Energy in the fourth quarter valued at $53,000. Osaic Holdings Inc. increased its stake in shares of Epsilon Energy by 1,014.3% in the second quarter. Osaic Holdings Inc. now owns 7,800 shares of the company’s stock valued at $58,000 after buying an additional 7,100 shares in the last quarter. Finally, Zions Bancorporation National Association UT bought a new position in shares of Epsilon Energy in the fourth quarter valued at about $59,000. 60.33% of the stock is owned by institutional investors and hedge funds.

About Epsilon Energy

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.