The price-to-earnings ratio for VAALCO Energy, Inc. (NYSE: EGY) is above average at 10.02x. The 36-month beta value for EGY is also noteworthy at 1.19. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for EGY is 102.52M, and at present, short sellers hold a 3.10% of that float. The average trading volume of EGY on May 09, 2024 was 1.22M shares.
EGY) stock’s latest price update
The stock of VAALCO Energy, Inc. (NYSE: EGY) has decreased by -4.12 when compared to last closing price of 6.31.Despite this, the company has seen a loss of -1.63% in its stock price over the last five trading days. InvestorPlace reported 2024-05-06 that With the geopolitical winds churning, the concept of cheap energy stocks has become even more critical. Basically, the window of opportunity may be fading.
EGY’s Market Performance
VAALCO Energy, Inc. (EGY) has experienced a -1.63% fall in stock performance for the past week, with a -15.97% drop in the past month, and a 45.08% rise in the past quarter. The volatility ratio for the week is 3.23%, and the volatility levels for the past 30 days are at 3.47% for EGY. The simple moving average for the past 20 days is -8.31% for EGY’s stock, with a 25.60% simple moving average for the past 200 days.
EGY Trading at -0.36% 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 -19.39% of loss for the given period.
Volatility was left at 3.47%, however, over the last 30 days, the volatility rate increased by 3.23%, as shares sank -17.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.44% upper at present.
During the last 5 trading sessions, EGY fell by -1.63%, which changed the moving average for the period of 200-days by +39.72% in comparison to the 20-day moving average, which settled at $6.53. In addition, VAALCO Energy, Inc. saw 34.74% 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
- 0.53 for the gross margin
The net margin for VAALCO Energy, Inc. stands at 0.13. The total capital return value is set at 0.25. Equity return is now at value 13.79, with 7.83 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 2.25. The debt to equity ratio resting at 0.19. The interest coverage ratio of the stock is 52.3.
Currently, EBITDA for the company is 281.44 million with net debt to EBITDA at -0.08. When we switch over and look at the enterprise to sales, we see a ratio of 1.26. The receivables turnover for the company is 10.83for trailing twelve months and the total asset turnover is 0.6. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.66.
Conclusion
In summary, VAALCO Energy, Inc. (EGY) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.
