VAALCO Energy, Inc. (NYSE: EGY) has experienced a rise in its stock price by 1.77 compared to its previous closing price of 7.35. However, the company has seen a gain of 10.65% in its stock price over the last five trading days. InvestorPlace reported 2024-04-02 that While passive-income providers tend to be established large-capitalization enterprises, that’s not always the case as these under-$10 dividend stocks prove. To be sure, nothing is for free on Wall Street.
Is It Worth Investing in VAALCO Energy, Inc. (NYSE: EGY) Right Now?
VAALCO Energy, Inc. (NYSE: EGY) has a price-to-earnings ratio that is above its average at 13.23x. The stock has a 36-month beta value of 1.30. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for EGY is 101.50M, and at present, short sellers hold a 2.81% of that float. On April 04, 2024, the average trading volume of EGY was 1.05M shares.
EGY’s Market Performance
EGY’s stock has seen a 10.65% increase for the week, with a 74.36% rise in the past month and a 64.04% gain in the past quarter. The volatility ratio for the week is 2.56%, and the volatility levels for the past 30 days are at 4.90% for VAALCO Energy, Inc. The simple moving average for the past 20 days is 31.83% for EGY’s stock, with a 67.49% simple moving average for the past 200 days.
EGY Trading at 54.16% 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 able to rebound, for now settling with 0.81% of gains for the given period.
Volatility was left at 4.90%, however, over the last 30 days, the volatility rate increased by 2.56%, as shares surge +75.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +73.95% upper at present.
During the last 5 trading sessions, EGY rose by +10.65%, which changed the moving average for the period of 200-days by +82.89% in comparison to the 20-day moving average, which settled at $5.84. In addition, VAALCO Energy, Inc. saw 66.59% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EGY starting from LaFehr Edward David, who purchase 332 shares at the price of $4.25 back on Sep 22 ’23. After this action, LaFehr Edward David now owns 47,010 shares of VAALCO Energy, Inc., valued at $1,411 using the latest closing price.
Maxwell George W.M., the Chief Executive Officer of VAALCO Energy, Inc., purchase 5,000 shares at $4.11 during a trade that took place back on Aug 31 ’23, which means that Maxwell George W.M. is holding 247,289 shares at $20,550 based on the most recent closing price.
Stock Fundamentals for EGY
Current profitability levels for the company are sitting at:
- 0.35 for the present operating margin
- 0.4 for the gross margin
The net margin for VAALCO Energy, Inc. stands at 0.13. The total capital return value is set at 0.23. Equity return is now at value 12.64, with 7.12 for asset returns.
Based on VAALCO Energy, Inc. (EGY), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at 2.46. The debt to equity ratio resting at 0.19. The interest coverage ratio of the stock is 24.88.
Currently, EBITDA for the company is 281.44 million with net debt to EBITDA at -0.11. When we switch over and look at the enterprise to sales, we see a ratio of 1.6. The receivables turnover for the company is 5.0for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.79.
Conclusion
To sum up, VAALCO Energy, Inc. (EGY) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
