Vine Energy Inc. (NYSE: VEI) is -0.74% lower on its value in year-to-date trading and has touched a low of $10.85 and a high of $14.53 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VEI stock was last observed hovering at around $13.49 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $13.40, the stock is 10.53% and 5.58% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.31 million and changing -0.67% at the moment leaves the stock 5.58% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $12.66 and a 200-day simple moving average (SMA200) of $12.66.
The stock witnessed a -2.47% In the last 1 month and is 13.66% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.61% over the week and 5.85% over the month.
Vine Energy Inc. (VEI) has around 113 employees, a market worth around $991.60M and $378.70M in sales. Profit margin for the company is -66.60%. Distance from 52-week low is 23.50% and -7.78% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.80%).
Vine Energy Inc. (VEI) Analyst Forecasts
Vine Energy Inc. (VEI) Top Institutional Holders
The shares outstanding are 74.00M, and float is at 18.75M with Short Float at 5.11%.
Vine Energy Inc. (VEI) Insider Activity
The most recent transaction is an insider purchase by Blackstone Energy Partners II , the company’s 10% Owner. SEC filings show that Blackstone Energy Partners II bought 4,285,000 shares of the company’s common stock on Mar 22 at a price of $13.30 per share for a total of $56.99 million. Following the purchase, the insider now owns 10.28 million shares.
Vine Energy Inc. disclosed in a document filed with the SEC on Mar 22 that Brix Investment LLC (10% Owner) bought a total of 4,285,000 shares of the company’s common stock. The trade occurred on Mar 22 and was made at $13.30 per share for $56.99 million. Following the transaction, the insider now directly holds 10.28 million shares of the VEI stock.
Still, SEC filings show that on Mar 22, Blackstone Holdings III GP Man (10% Owner) acquired 4,285,000 shares at an average price of $13.30 for $56.99 million. The insider now directly holds 10,276,529 shares of Vine Energy Inc. (VEI).