More To Go Or Is It Over? – VAALCO Energy, Inc. (EGY)

VAALCO Energy, Inc. (NYSE:EGY) does about 1.01M shares in volume on a normal day but saw 811512 shares change hands in the recent trading day. The company now has a market cap of 661.86M USD. Its current market price is $6.38, marking no change compared to the previous close of $6.38. The 52 week high reached by this stock is $7.51 whilst the lowest price level in 52 weeks is $3.80.

VAALCO Energy, Inc. (EGY) has a 20-day trading average at $6.70 and the current price is -14.99% off the 52-week high compared with 67.89% distance from its 52-week low. The 50-day simple moving average of the closing price is $6.48 and its 200-day simple moving average is $5.49. If we look at the stock’s price movements over the week, volatility stands at 4.38%, which decreases to 4.31% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 46.52 to suggest the stock is neutral.

The consensus objective for the share price is $9.24, suggesting that the stock has a potential upside of 30.95% over the period.

VAALCO Energy, Inc. (EGY) stock is up 6.87% over the week and -6.86% over the past month. Its price is 42.09% year-to-date and 26.59% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0.18 and 0.61 for whole year. Expected sales for next quarter are $123.82M, which analysts say will come at $425.03M for the current fiscal year and next year at $448.93M. In addition, estimates put the company’s current quarterly revenue at an average of $121.15M.

To reach the target analysts have set, the stock logically needs to grow 30.95 percent from here.

The company has a return on investment of 14.98% and return on equity of 17.99%. The price to earnings ratio (P/E ratio) amounts to 7.85 while the forward price to earnings ratio is 8.31. The beta has a value of 1.22. Price to book ratio is 1.34 and price to sales ratio is 1.37.