VAALCO Energy, Inc (NYSE: EGY)’s stock price has dropped by -1.15 in relation to previous closing price of 4.33. Nevertheless, the company has seen a loss of -2.28% in its stock price over the last five trading days. globenewswire.com reported 2024-12-11 that HOUSTON, Dec. 11, 2024 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“Vaalco” or the “Company”) today announced that, in conjunction with its 2025/2026 drilling program planned to begin mid-2025 in Gabon, it has executed a contract with Borr Jack-Up XIV Inc., an affiliate of Borr Drilling Limited (“Borr”), to drill multiple development wells and appraisal/exploration wells, as well as perform workovers, with options to drill additional wells.
Is It Worth Investing in VAALCO Energy, Inc (NYSE: EGY) Right Now?
The price-to-earnings ratio for VAALCO Energy, Inc (NYSE: EGY) is 4.97x, which is above its average ratio. Moreover, the 36-month beta value for EGY is 1.16. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for EGY is 101.83M and currently, short sellers hold a 4.52% of that float. On December 27, 2024, EGY’s average trading volume was 905.39K shares.
EGY’s Market Performance
The stock of VAALCO Energy, Inc (EGY) has seen a -2.28% decrease in the past week, with a -18.16% drop in the past month, and a -22.46% fall in the past quarter. The volatility ratio for the week is 3.53%, and the volatility levels for the past 30 days are at 3.95% for EGY. The simple moving average for the last 20 days is -9.63% for EGY’s stock, with a simple moving average of -29.26% for the last 200 days.
EGY Trading at -17.64% 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 -42.97% of loss for the given period.
Volatility was left at 3.95%, however, over the last 30 days, the volatility rate increased by 3.53%, as shares sank -16.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.95% lower at present.
During the last 5 trading sessions, EGY fell by -2.28%, which changed the moving average for the period of 200-days by -1.38% in comparison to the 20-day moving average, which settled at $4.74. In addition, VAALCO Energy, Inc saw -4.68% 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 4,500 shares at the price of $4.68 back on Dec 16 ’24. After this action, Maxwell George W.M. now owns 369,382 shares of VAALCO Energy, Inc, valued at $21,060 using the latest closing price.
Stock Fundamentals for EGY
Current profitability levels for the company are sitting at:
- 0.36 for the present operating margin
- 0.47 for the gross margin
The net margin for VAALCO Energy, Inc stands at 0.18. The total capital return value is set at 0.24. Equity return is now at value 19.01, with 10.18 for asset returns.
Currently, EBITDA for the company is 274.19 million with net debt to EBITDA at -0.01. When we switch over and look at the enterprise to sales, we see a ratio of 0.87. The receivables turnover for the company is 3.97for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.
Conclusion
To wrap up, the performance of VAALCO Energy, Inc (EGY) has been bad in recent times. The stock has received a bullish 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.
