The stock price of VAALCO Energy, Inc. (NYSE: EGY) has jumped by 5.13 compared to previous close of 4.19. Despite this, the company has seen a gain of 9.58% in its stock price over the last five trading days. InvestorPlace reported 2023-11-14 that While a certain confidence in betting with the masses exist, investors wanting to up the ante may consider undervalued growth stocks. To better frame the discussion, it’s useful to consider the sport of baseball.

Is It Worth Investing in VAALCO Energy, Inc. (NYSE: EGY) Right Now?

VAALCO Energy, Inc. (NYSE: EGY) has a price-to-earnings ratio of 13.91x that is above its average ratio. Additionally, the 36-month beta value for EGY is 1.32.

The public float for EGY is 103.41M and currently, short sellers hold a 1.98% ratio of that float. The average trading volume of EGY on November 17, 2023 was 986.87K shares.

EGY’s Market Performance

EGY’s stock has seen a 9.58% increase for the week, with a -4.65% drop in the past month and a -7.65% fall in the past quarter. The volatility ratio for the week is 3.68%, and the volatility levels for the past 30 days are at 4.04% for VAALCO Energy, Inc. The simple moving average for the past 20 days is 2.29% for EGY’s stock, with a 2.68% simple moving average for the past 200 days.

EGY Trading at 2.81% from the 50-Day Moving Average

After a stumble in the market that brought EGY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.13% of loss for the given period.

Volatility was left at 4.04%, however, over the last 30 days, the volatility rate increased by 3.68%, as shares sank -1.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.20% upper at present.

During the last 5 trading sessions, EGY rose by +11.20%, which changed the moving average for the period of 200-days by -1.97% in comparison to the 20-day moving average, which settled at $4.30. In addition, VAALCO Energy, Inc. saw -3.40% 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 EGY starting from Maxwell George W.M., who purchase 5,000 shares at the price of $4.11 back on Aug 31. After this action, Maxwell George W.M. now owns 247,289 shares of VAALCO Energy, Inc., valued at $20,550 using the latest closing price.

FAWTHROP ANDREW LAWRENCE, the Director of VAALCO Energy, Inc., purchase 4,000 shares at $4.11 during a trade that took place back on Aug 31, which means that FAWTHROP ANDREW LAWRENCE is holding 408,458 shares at $16,432 based on the most recent closing price.

Stock Fundamentals for EGY

Equity return is now at value 10.97, with 5.54 for asset returns.

Conclusion

In conclusion, VAALCO Energy, Inc. (EGY) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.