VAALCO Energy, Inc (NYSE:EGY) does about 872.50K shares in volume on a normal day but saw 819923 shares change hands in the recent trading day. The company now has a market cap of 553.99M USD. Its current market price is $5.34, marking a decrease of -0.56% compared to the previous close of $5.37. The 52 week high reached by this stock is $7.51 whilst the lowest price level in 52 weeks is $4.03.
VAALCO Energy, Inc (EGY) has a 20-day trading average at $5.44 and the current price is -28.85% off the 52-week high compared with 32.51% distance from its 52-week low. The 50-day simple moving average of the closing price is $5.73 and its 200-day simple moving average is $5.98. If we look at the stock’s price movements over the week, volatility stands at 3.60%, which decreases to 3.49% 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 41.03 to suggest the stock is neutral.
The consensus objective for the share price is $9.05, suggesting that the stock has a potential upside of 40.99% over the period.
The current price level is -1.91%, -6.73%, and -10.71% away from its SMA20, SMA50, and SMA200 respectively, with the EGY price moving above the 50-day SMA on current market day. VAALCO Energy, Inc (EGY) stock is down -1.66% over the week and -9.49% over the past month. Its price is 18.93% year-to-date and 17.36% over the past year.
The stock last released its quarterly earnings report for quarter ended 9/30/2024, with the company’s earnings per share (EPS) of 0.37 above consensus estimates by 0.24. The company’s next earnings report forecasts estimating quarterly EPS at 0.15 and 0.83 for whole year. Expected sales for next quarter are $121.34M, which analysts say will come at $451.55M for the current fiscal year and next year at $402.74M. In addition, estimates put the company’s current quarterly revenue at an average of $140.51M.
To reach the target analysts have set, the stock logically needs to grow 40.99 percent from here.
Outstanding shares total 104.35M with insiders holding 2.10% of the shares and institutional holders owning 61.20% of the company’s common stock. The company has a return on investment of 15.65% and return on equity of 19.01%. The price to earnings ratio (P/E ratio) amounts to 6.20 while the forward price to earnings ratio is 13.02. The beta has a value of 1.20. Price to book ratio is 1.11 and price to sales ratio is 1.09.
