Vermilion Energy Inc (VET) Shares Down Despite Recent Market Volatility

Vermilion Energy Inc (NYSE: VET) has experienced a decline in its stock price by -2.54 compared to its previous closing price of 9.04. However, the company has seen a fall of -8.70% in its stock price over the last five trading days. prnewswire.com reported 2024-09-10 that CALGARY, AB , Sept. 10, 2024 /PRNewswire/ – Vermilion Energy Inc. (“Vermilion”, “We”, “Our”, or the “Company”) (TSX: VET) (NYSE: VET) is pleased to provide an operational update on key projects.

Is It Worth Investing in Vermilion Energy Inc (NYSE: VET) Right Now?

The 36-month beta value for VET is at 2.02. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for VET is 155.81M, and currently, shorts hold a 1.73% of that float. The average trading volume for VET on September 10, 2024 was 1.08M shares.

VET’s Market Performance

VET stock saw a decrease of -8.70% in the past week, with a monthly decline of -11.10% and a quarterly a decrease of -23.66%. The volatility ratio for the week is 3.37%, and the volatility levels for the last 30 days are 2.39% for Vermilion Energy Inc (VET). . The simple moving average for the past 20 days is -11.69% for VET’s stock, with a -22.29% simple moving average for the past 200 days.

VET Trading at -14.92% from the 50-Day Moving Average

After a stumble in the market that brought VET to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -44.87% of loss for the given period.

Volatility was left at 2.39%, however, over the last 30 days, the volatility rate increased by 3.37%, as shares sank -13.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.94% lower at present.

During the last 5 trading sessions, VET fell by -8.65%, which changed the moving average for the period of 200-days by -31.72% in comparison to the 20-day moving average, which settled at $9.91. In addition, Vermilion Energy Inc saw -26.95% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for VET

Current profitability levels for the company are sitting at:

  • 0.12 for the present operating margin
  • 0.34 for the gross margin

The net margin for Vermilion Energy Inc stands at -0.4. The total capital return value is set at 0.04. Equity return is now at value -24.43, with -12.18 for asset returns.

Based on Vermilion Energy Inc (VET), the company’s capital structure generated 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at 1.18. The debt to equity ratio resting at 0.32. The interest coverage ratio of the stock is 2.88.

Currently, EBITDA for the company is 1.03 billion with net debt to EBITDA at 0.73. When we switch over and look at the enterprise to sales, we see a ratio of 1.29. The receivables turnover for the company is 7.92for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.09.

Conclusion

In conclusion, Vermilion Energy Inc (VET) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.

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