4.29% volatility in VAALCO Energy, Inc. (EGY) last month: This is a red flag warning

VAALCO Energy, Inc. (NYSE: EGY) kicked off on Tuesday, remained unchanged from the previous trading day, before settling in for the closing price of $6.81. Over the past 52 weeks, EGY has traded in a range of $3.51-$7.51.

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A company in the Energy sector has jumped its sales by 52.56% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 23.79%. With a float of $101.47 million, this company’s outstanding shares have now reached $104.35 million.

In an organization with 189 employees, it is important to assess its efficiency.

VAALCO Energy, Inc. (EGY) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of VAALCO Energy, Inc. is 1.75%, while institutional ownership is 54.20%. The most recent insider transaction that took place on Sep 22 ’23, was worth 1,411. In this transaction Director of this company bought 332 shares at a rate of $4.25, taking the stock ownership to the 47,010 shares. Before that another transaction happened on Aug 31 ’23, when Company’s Chief Executive Officer bought 5,000 for $4.11, making the entire transaction worth $20,550. This insider now owns 247,289 shares in total.

VAALCO Energy, Inc. (EGY) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 9.86 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 23.79% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.00% during the next five years compared to -19.09% drop over the previous five years of trading.

VAALCO Energy, Inc. (NYSE: EGY) Trading Performance Indicators

Take a look at VAALCO Energy, Inc.’s (EGY) current performance indicators. Last quarter, stock had a quick ratio of 1.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.55. Likewise, its price to free cash flow for the trailing twelve months is 5.57.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.57, a number that is poised to hit 0.25 in the next quarter and is forecasted to reach 0.93 in one year’s time.

Technical Analysis of VAALCO Energy, Inc. (EGY)

Let’s dig in a bit further. During the last 5-days, its volume was 1.06 million. That was inferior than the volume of 1.07 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 15.09%. Additionally, its Average True Range was 0.26.

During the past 100 days, VAALCO Energy, Inc.’s (EGY) raw stochastic average was set at 80.00%, which indicates a significant increase from 13.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.16% in the past 14 days, which was lower than the 47.93% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.41, while its 200-day Moving Average is $4.63. However, in the short run, VAALCO Energy, Inc.’s stock first resistance to watch stands at $6.89. Second resistance stands at $6.97. The third major resistance level sits at $7.07. If the price goes on to break the first support level at $6.71, it is likely to go to the next support level at $6.62. Assuming the price breaks the second support level, the third support level stands at $6.54.

VAALCO Energy, Inc. (NYSE: EGY) Key Stats

The company with the Market Capitalisation of 703.27 million has total of 103,274K Shares Outstanding. Its annual sales at the moment are 455,070 K in contrast with the sum of 60,350 K annual income. Company’s last quarter sales were recorded 149,150 K and last quarter income was 43,990 K.