$852.32K in average volume shows that VAALCO Energy, Inc (EGY) is heading in the right direction

On Tuesday, VAALCO Energy, Inc (NYSE: EGY) opened lower -1.81% from the last session, before settling in for the closing price of $5.53. Price fluctuations for EGY have ranged from $4.00 to $7.51 over the past 52 weeks.

Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 52.56%. Company’s average yearly earnings per share was noted 22.18% at the time writing. With a float of $101.84 million, this company’s outstanding shares have now reached $104.35 million.

Considering the fact that the conglomerate employs 189 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 40.54%, operating margin of 35.11%, and the pretax margin is 36.88%.

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 1.83%, while institutional ownership is 58.58%.

VAALCO Energy, Inc (EGY) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.07 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.14) by -0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.15 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 22.18% 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 1.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.11. Likewise, its price to free cash flow for the trailing twelve months is 14.23.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.86, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 0.64 in one year’s time.

Technical Analysis of VAALCO Energy, Inc (EGY)

Compared to the last year’s volume of 0.98 million, its volume of 0.97 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 57.46%. Additionally, its Average True Range was 0.21.

During the past 100 days, VAALCO Energy, Inc’s (EGY) raw stochastic average was set at 10.11%, which indicates a significant decrease from 33.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.16% in the past 14 days, which was lower than the 45.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.75, while its 200-day Moving Average is $5.95. Nevertheless, the first resistance level for the watch stands at $5.74 in the near term. At $6.06, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.23. If the price goes on to break the first support level at $5.25, it is likely to go to the next support level at $5.08. Should the price break the second support level, the third support level stands at $4.76.

VAALCO Energy, Inc (NYSE: EGY) Key Stats

There are currently 103,743K shares outstanding in the company with a market cap of 563.33 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 116,780 K and its income totaled 28,150 K.