Alert: Negative Investment/Fundamental Signals (9/26/24)-Evolution Petroleum Corp (NYSEAMERICAN: EPM)

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Evolution Petroleum Corp (NYSEAMERICAN: EPM) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.

Recent notable negative changes in fundamentals have impacted Evolution Petroleum Corp (NYSEAMERICAN: EPM): the consensus estimate for June, 2025 decreased significantly, and significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, EPM is expected to continue to be a Value Builder.

Evolution Petroleum has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Evolution Petroleum has a poor Power Rating of 19 and a poor Appreciation Score of 17, producing the Lowest Value Trend Rating.

Recent Price Action

Evolution Petroleum Corp (NYSEAMERICAN: EPM) stock closed at $5.14 on 9/26/24 after a decline of -3.2%. This decline was accompanied by normal trading volume. The stock has declined -8.4% during the last week and has been weak relative to the market over the last nine months.

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