A look at VAALCO Energy, Inc.’s (EGY) recent performance gives investors their first glimpse of hope.

On Tuesday, VAALCO Energy, Inc. (NYSE: EGY) opened lower -3.31% from the last session, before settling in for the closing price of $6.65. Price fluctuations for EGY have ranged from $3.51 to $7.51 over the past 52 weeks.

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Energy Sector giant saw their annual sales surged by 52.56% over the last five years. Company’s average yearly earnings per share was noted -17.74% at the time writing. With a float of $101.47 million, this company’s outstanding shares have now reached $104.35 million.

The firm has a total of 189 workers. Let’s measure their productivity.

VAALCO Energy, Inc. (EGY) Insider Activity

A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of VAALCO Energy, Inc. is 1.75%, while institutional ownership is 54.13%. 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) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -17.74% 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

Check out the current performance indicators for VAALCO Energy, Inc. (EGY). In the past quarter, the stock posted a quick ratio of 1.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.46. Likewise, its price to free cash flow for the trailing twelve months is 5.25.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.57, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.93 in one year’s time.

Technical Analysis of VAALCO Energy, Inc. (EGY)

Analysing the last 5-days average volume posted by the [VAALCO Energy, Inc., EGY], we can find that recorded value of 0.93 million was lower than the volume posted last year of 1.06 million. As of the previous 9 days, the stock’s Stochastic %D was 11.34%. Additionally, its Average True Range was 0.25.

During the past 100 days, VAALCO Energy, Inc.’s (EGY) raw stochastic average was set at 69.06%, which indicates a significant increase from 2.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.30% in the past 14 days, which was lower than the 48.36% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.66, while its 200-day Moving Average is $4.70. Now, the first resistance to watch is $6.56. This is followed by the second major resistance level at $6.69. The third major resistance level sits at $6.77. If the price goes on to break the first support level at $6.35, it is likely to go to the next support level at $6.27. Should the price break the second support level, the third support level stands at $6.14.

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

There are currently 103,274K shares outstanding in the company with a market cap of 664.03 million. Presently, the company’s annual sales total 455,070 K according to its annual income of 60,350 K. Last quarter, the company’s sales amounted to 149,150 K and its income totaled 43,990 K.