111,383 Shares in Epsilon Energy Ltd. (NASDAQ:EPSN) Purchased by Navellier & Associates Inc.

Navellier & Associates Inc. purchased a new position in shares of Epsilon Energy Ltd. (NASDAQ:EPSNGet Rating) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 111,383 shares of the company’s stock, valued at approximately $656,000. Navellier & Associates Inc. owned about 0.48% of Epsilon Energy as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in EPSN. JPMorgan Chase & Co. purchased a new position in shares of Epsilon Energy during the second quarter worth about $32,000. Dorsey Wright & Associates purchased a new stake in Epsilon Energy in the 2nd quarter valued at approximately $35,000. Denali Advisors LLC purchased a new stake in Epsilon Energy in the 2nd quarter valued at approximately $38,000. Lazard Asset Management LLC purchased a new stake in Epsilon Energy in the 2nd quarter valued at approximately $44,000. Finally, Ritholtz Wealth Management purchased a new stake in Epsilon Energy in the 2nd quarter valued at approximately $121,000. Hedge funds and other institutional investors own 58.72% of the company’s stock.

Epsilon Energy Stock Performance

EPSN traded up $0.03 during trading on Thursday, reaching $7.39. The company’s stock had a trading volume of 25,299 shares, compared to its average volume of 88,801. Epsilon Energy Ltd. has a 52-week low of $5.04 and a 52-week high of $7.99. The company’s fifty day moving average price is $6.83 and its 200-day moving average price is $6.66. The company has a market capitalization of $170.19 million, a price-to-earnings ratio of 5.20 and a beta of 0.41.

Epsilon Energy (NASDAQ:EPSNGet Rating) last announced its quarterly earnings data on Thursday, November 10th. The company reported $0.41 earnings per share for the quarter. Epsilon Energy had a return on equity of 39.03% and a net margin of 49.60%. The company had revenue of $21.24 million for the quarter.

Epsilon Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 30th. Stockholders of record on Thursday, September 15th were given a dividend of $0.063 per share. The ex-dividend date was Wednesday, September 14th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 3.41%. Epsilon Energy’s payout ratio is 17.61%.

About Epsilon Energy

(Get Rating)

Epsilon Energy Ltd., a natural gas and oil company, engages in the acquisition, development, gathering, and production of oil and gas reserves in the United States. It operates through Upstream and Gathering System segments. The Company has natural gas production in the Marcellus in Pennsylvania; and oil, natural gas liquids (NGL), and natural gas production in the Anadarko Basin in Oklahoma.

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Institutional Ownership by Quarter for Epsilon Energy (NASDAQ:EPSN)

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