Epsium Enterprise (NASDAQ:EPSM) Shares Down 2.9% – What’s Next?

Epsium Enterprise Limited (NASDAQ:EPSM) shares fell 2.9% during trading on Tuesday . The company traded as low as $1.31 and last traded at $1.34. 35,128 shares changed hands during mid-day trading, an increase of 1% from the average session volume of 34,918 shares. The stock had previously closed at $1.38.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Epsium Enterprise in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Epsium Enterprise currently has a consensus rating of “Sell”.

Epsium Enterprise Price Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.24 and a current ratio of 8.93. The firm has a 50 day moving average price of $2.03 and a two-hundred day moving average price of $13.81.

Hedge Funds Weigh In On Epsium Enterprise

A number of institutional investors have recently bought and sold shares of EPSM. Quadrature Capital Ltd purchased a new stake in Epsium Enterprise during the second quarter valued at about $247,000. PharVision Advisers LLC acquired a new stake in shares of Epsium Enterprise during the third quarter valued at approximately $118,000. Two Sigma Investments LP acquired a new stake in shares of Epsium Enterprise during the third quarter valued at approximately $112,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of Epsium Enterprise in the 3rd quarter valued at approximately $35,000.

Epsium Enterprise Company Profile

We are a holding company incorporated under the laws of British Virgin Islands. As a holding company with no material operation of its own, we conduct substantially all our operations through an indirect Macau subsidiary, Companhia de Comercio Luz Limitada in Macau, or Luz. Luz is an 80%-owned subsidiary of Epsium Enterprise Limited in Hong Kong, or Epsium HK. Mr. Son I Tam, our CEO, Chairman, principal shareholder, and the founder of Epsium and Luz directly holds (i) 89.996% ownership interest in Epsium, (ii) 19% interest in Epsium HK, and (iii) 20% ownership interest in Luz.