Is There a Spark Ahead for Evolution Petroleum Corporation (ASX:EPM)?

In the past few sessions, investors have started paying a little bit more attention to shares of Evolution Petroleum Corporation (ASX:EPM). In recent trading action, the stock had changed 0.88% settling in at $6.91.



Based on recent analysis, Evolution Petroleum Corporation (ASX:EPM) shares have been seen trading -14.80% off of the 50-day peak and 7.63% away from the 50-day bottom. In terms of the stock price in relation to its moving averages, company shares are 0.93% away from the 20-day moving average and -2.32% off of the 50-day average. If we take a longer approach, shares have been trading -22.92% away from the 200-day moving average.



Over the last year, Evolution Petroleum Corporation (ASX:EPM)’s stock has performed
-16.75%. For the last six months, the stock has performed -37.47%. From the start of the calendar year, shares have been 1.32%. Zooming in closer, company stock has been -8.96% for the quarter, -3.63% over the past month, and 1.92% over the past week.

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