Epsilon Energy Ltd (NASDAQ:EPSN) Releases AGM Outcome:Stock In Focus

Epsilon Energy Ltd (NASDAQ:EPSN) stock ended slightly higher on Wednesday. The stock has been getting attention over the past few months and soared 28% over the past 6-month.

Major Trigger:

Epsilon Announces AGM Results

Key Highlights:

  • announced that all the nominees listed in its Proxy Statement, Schedule 14A dated on May 14, 2021 were elected as directors of Epsilon, until the next annual meeting of shareholders. The detailed results of the vote at the annual shareholders meeting held on Wednesday, June 16, 2021 are set out below.
  • At the meeting, the number of directors was set at eight, and BDO USA, LLP was appointed as auditor. Each of the following eight nominees proposed by management was elected as a director of Epsilon.

Market Reactions  

On Wednesday, EPSN stock gained by 1.83% at $4.46. The stock has traded 134K shares, well above its average volume of 33K shares.  The stock moved within a range of $4.4000 – 4.7400 after opening at $4.4103.

Pivot Points

NameS3S2S1Pivot PointsR1R2R3
Classic4.00334.20674.33334.53674.66334.86674.9933
Fibonacci4.20674.33274.41064.53674.66274.74064.8667

Moving Averages

+/- EMA(20)4.17 (+6.95%)
+/- SMA(50)4.00 (+11.50%)
+/- SMA(200)3.62 (+23.20%)

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