Look Past The Setbacks And Give VAALCO Energy, Inc (NYSE: EGY) Another Chance

VAALCO Energy, Inc (NYSE:EGY) currently has a daily average trading volume of 916.99K but it saw 1471534 shares traded in last market. With a market cap of 454.40M USD, the company’s current market price of $4.38 came falling about -7.20 while comparing to the previous closing price of $4.72. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.51 and as low as $4.03. In the recent trading on the day, stock has struck highest price mark of $4.365 while lowest mark touched by it was $4.7601.

Taking a look at 20-day trading activity of VAALCO Energy, Inc (EGY) gives us an average price of $4.98, while its current price level is -41.64% below from 52-week high level whereas it is 8.68% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.37 while that of 200 days or SMA-200 reads an average of $6.05. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.66% during that period while stretching the period over a month that decreases to 3.93%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 24.56 which implies that the stock is in oversold territory.

Over the week, EGY’s stock price is moving -12.40% down while it is -18.44% when we observe its performance for the past one month. Year-to-date it is -2.45% down and over the past year, the stock is showing a downside performance of -4.16%.

Currently, VAALCO Energy, Inc’s total number of outstanding shares is 103.74M. Company’s return on investment (ROI) stands at 15.65% and return on equity (ROE) at 19.01%. It has a price to earnings ratio (P/E ratio) of 5.09 while having a 11.23 of forward P/E ratio. Stock’s beta reads 1.16. Stock has a price to book (P/B) ratio of 0.91 while price to sale or P/S ratio amounts to 0.90. Its return on asset (ROA) is 10.18% on average.