The stock price of EON Resources Inc (AMEX: EONR) has plunged by -5.75 when compared to previous closing price of 0.49, but the company has seen a -19.81% decline in its stock price over the last five trading sessions. accessnewswire.com reported 2025-02-26 that HOUSTON, TX / ACCESS Newswire / February 26, 2025 / EON Resources Inc. (NYSE American:EONR) (“EON” or the “Company”), an independent upstream energy company with oil and gas properties in the Permian Basin, announced today that it has completed a “preliminary assessment” of the horizontal potential of the lower San Andres (Jackson and Slaughter) reservoirs in the Grayburg-Jackson Field that it operates in Eddy County, New Mexico. This preliminary assessment reveals possible recovery of an additional 20 million barrels of oil and 16 billion cubic feet of natural gas in the lower intervals of the San Andres.
Is It Worth Investing in EON Resources Inc (AMEX: EONR) Right Now?
The 36-month beta value for EONR is also noteworthy at -1.11. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for EONR is 8.75M, and at present, short sellers hold a 5.44% of that float. The average trading volume of EONR on March 06, 2025 was 4.76M shares.
EONR’s Market Performance
The stock of EON Resources Inc (EONR) has seen a -19.81% decrease in the past week, with a -47.22% drop in the past month, and a -42.45% fall in the past quarter. The volatility ratio for the week is 10.64%, and the volatility levels for the past 30 days are at 10.50% for EONR. The simple moving average for the past 20 days is -26.34% for EONR’s stock, with a -68.92% simple moving average for the past 200 days.
EONR Trading at -41.55% from the 50-Day Moving Average
After a stumble in the market that brought EONR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -92.35% of loss for the given period.
Volatility was left at 10.50%, however, over the last 30 days, the volatility rate increased by 10.64%, as shares sank -44.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.90% lower at present.
During the last 5 trading sessions, EONR fell by -19.81%, which changed the moving average for the period of 200-days by -79.87% in comparison to the 20-day moving average, which settled at $0.6231. In addition, EON Resources Inc saw -44.01% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EONR starting from Pogo Royalty, LLC, who sale 1,071,897 shares at the price of $1.59 back on Jan 21 ’25. After this action, Pogo Royalty, LLC now owns 500,000 shares of EON Resources Inc, valued at $1,701,744 using the latest closing price.
Pogo Royalty, LLC, the 10% Owner of EON Resources Inc, sale 429,125 shares at $1.52 during a trade that took place back on Jan 08 ’25, which means that Pogo Royalty, LLC is holding 1,571,897 shares at $652,613 based on the most recent closing price.
Stock Fundamentals for EONR
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.13.
Conclusion
In summary, EON Resources Inc (EONR) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
