VAALCO Energy, Inc (NYSE:EGY) does about 1.06M shares in volume on a normal day but saw 3515838 shares change hands in the recent trading day. The company now has a market cap of 329.11M USD. Its current market price is $3.17, marking a decrease of -3.06% compared to the previous close of $3.27. The 52 week high reached by this stock is $7.43 whilst the lowest price level in 52 weeks is $3.00.
The consensus objective for the share price is $8.76, suggesting that the stock has a potential upside of 63.81% over the period.
The current price level is -6.16%, -8.49%, and -32.33% 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 -2.76% over the week and -3.06% over the past month. Its price is -27.46% year-to-date and -49.20% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.02 and 0.06 for whole year. Expected sales for next quarter are $81.6M, which analysts say will come at $348.02M for the current fiscal year and next year at $436.73M. In addition, estimates put the company’s current quarterly revenue at an average of $89.4M.
To reach the target analysts have set, the stock logically needs to grow 63.81 percent from here.
Outstanding shares total 103.82M with insiders holding 1.44% of the shares and institutional holders owning 64.08% of the company’s common stock. The company has a return on investment of 9.90% and return on equity of 11.83%. The price to earnings ratio (P/E ratio) amounts to 5.69 while the forward price to earnings ratio is 11.60. The beta has a value of 0.81. Price to book ratio is 0.65 and price to sales ratio is 0.67.
