The stock of VAALCO Energy, Inc. (NYSE: EGY) has decreased by -3.51 when compared to last closing price of 5.68.Despite this, the company has seen a loss of -8.96% in its stock price over the last five trading days. zacks.com reported 2024-09-17 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is It Worth Investing in VAALCO Energy, Inc. (NYSE: EGY) Right Now?
The price-to-earnings ratio for VAALCO Energy, Inc. (NYSE: EGY) is 6.74x, which is above its average ratio. Moreover, the 36-month beta value for EGY is 1.18. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for EGY is 101.84M and currently, short sellers hold a 3.97% of that float. On September 26, 2024, EGY’s average trading volume was 954.33K shares.
EGY’s Market Performance
EGY’s stock has seen a -8.96% decrease for the week, with a -14.63% drop in the past month and a -11.75% fall in the past quarter. The volatility ratio for the week is 3.58%, and the volatility levels for the past 30 days are at 3.68% for VAALCO Energy, Inc. The simple moving average for the past 20 days is -5.98% for EGY’s stock, with a -4.38% simple moving average for the past 200 days.
EGY Trading at -12.99% 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 -26.98% of loss for the given period.
Volatility was left at 3.68%, however, over the last 30 days, the volatility rate increased by 3.58%, as shares sank -14.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.34% lower at present.
During the last 5 trading sessions, EGY fell by -7.64%, which changed the moving average for the period of 200-days by +23.83% in comparison to the 20-day moving average, which settled at $5.78. In addition, VAALCO Energy, Inc. saw 22.06% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for EGY
Current profitability levels for the company are sitting at:
- 0.35 for the present operating margin
- 0.41 for the gross margin
The net margin for VAALCO Energy, Inc. stands at 0.18. The total capital return value is set at 0.23. Equity return is now at value 17.99, with 9.74 for asset returns.
Based on VAALCO Energy, Inc. (EGY), the company’s capital structure generated 0.15 points at debt to capital in total, while cash flow to debt ratio is standing at 1.93. The debt to equity ratio resting at 0.18. The interest coverage ratio of the stock is 37.81.
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 1.21. The receivables turnover for the company is 4.56for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.19.
Conclusion
To wrap up, the performance of VAALCO Energy, Inc. (EGY) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
