On Monday, VAALCO Energy, Inc. (NYSE: EGY) opened lower -4.17% from the last session, before settling in for the closing price of $6.23. Price fluctuations for EGY have ranged from $3.80 to $7.51 over the past 52 weeks.
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During the last 5-year period, the sales growth of Energy Sector giant was 52.56%. Company’s average yearly earnings per share was noted 28.63% at the time writing. With a float of $101.56 million, this company’s outstanding shares have now reached $104.35 million.
Let’s determine the extent of company efficiency that accounts for 189 employees.
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 1.84%, while institutional ownership is 55.65%. 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
If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 0.11 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.14) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.63% 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 1.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.30. Likewise, its price to free cash flow for the trailing twelve months is 5.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.61, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 0.82 in one year’s time.
Technical Analysis of VAALCO Energy, Inc. (EGY)
Looking closely at VAALCO Energy, Inc. (NYSE: EGY), its last 5-days average volume was 1.07 million, which is a jump from its year-to-date volume of 1.03 million. As of the previous 9 days, the stock’s Stochastic %D was 16.48%. Additionally, its Average True Range was 0.31.
During the past 100 days, VAALCO Energy, Inc.’s (EGY) raw stochastic average was set at 51.04%, which indicates a significant increase from 16.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.56% in the past 14 days, which was higher than the 53.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.46, while its 200-day Moving Average is $5.44. However, in the short run, VAALCO Energy, Inc.’s stock first resistance to watch stands at $6.09. Second resistance stands at $6.21. The third major resistance level sits at $6.42. If the price goes on to break the first support level at $5.76, it is likely to go to the next support level at $5.56. Should the price break the second support level, the third support level stands at $5.44.
VAALCO Energy, Inc. (NYSE: EGY) Key Stats
There are currently 103,456K shares outstanding in the company with a market cap of 617.66 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 100,160 K and its income totaled 7,690 K.
