November 8, 2016 - 2:58 PM EST
Print Email Article Font Down Font Up
EV Energy Partners L.P. (EVEP) Boosts Basic Materials Sector with Early Advance of 4.39% on November 8

EV Energy Partners L.P. (EVEP" target="_new">EVEP) is one of the best performing stocks in the basic materials sector for companies listed on the New York Stock Exchange or NASDAQ exchange shortly after the opening bell on November 8. Shares of EVEP" target="_new">EVEP have climbed 4.39% about 30 minutes into the session to $1.64 after closing the day prior at $1.57. It’s early, but the stock has traded as high as $1.64 and as low as $1.52 so far. Today's quick advance has come with about 5,490 shares changing hands, compared to an average 30-day volume of 245,798 for EV Energy Partners L.P.. The price is currently below the 30-day volume weighted average price of $1.58 for EVEP" target="_new">EVEP. The share appreciation gives the company a market capitalization of $77.02 million based upon 49.06 million shares outstanding. It also means that EVEP has a price-to-book ratio of 0.09:1 and a price-to-earnings ratio of :1. In the past 52 weeks, shares of EVEP" target="_new">EVEP have traded as low as $1.51 and as high as $5.39. Technical traders will take note that at $1.64, shares of EVEP" target="_new">EVEP are trading below their 200-day MA at $2.31 and below their 50-day MA at $2.23. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish. Who is EVEP? EV Energy Partners LP is engaged in the acquisition, development and production of oil and natural gas properties and all of its operations are located in the United States. The company’s 1200 employees are led by CEO Michael E. Mercer from the corporate headquarters at 1001 Fannin Street. For more information on EVEP and other companies trading on the major exchanges, as well as the over the counter markets, or to be considered for contributing content for our distribution network, visit today. All data provided by QuoteMedia, with stock data accurate as of 9:30 AM ET. is not responsible for inaccuracies in third-party supplied information. About is a leading publisher of market and investment news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the financial markets and global economies. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications, market exposure and investment. A complete disclaimer can be viewed here. If you like this article, you can read more at

Source: Financial Press News (November 8, 2016 - 2:58 PM EST)

News by QuoteMedia

Legal Notice