VAALCO Energy, Inc. (NYSE: EGY) is 38.53% higher on its value in year-to-date trading and has touched a low of $3.51 and a high of $7.51 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EGY stock was last observed hovering at around $6.05 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $6.22, the stock is -4.82% and 1.88% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing 2.81% at the moment leaves the stock 28.90% off its SMA200. EGY registered 50.24% gain for a year compared to 6-month gain of 48.45%.
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The stock witnessed a -14.91% loss in the last 1 month and extending the period to 3 months gives it a 47.04%, and is -0.48% down 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 3.37% over the week and 3.47% over the month.
VAALCO Energy, Inc. (EGY) has around 189 employees, a market worth around $648.99M and $474.82M in sales. Current P/E ratio is 10.24 and Fwd P/E is 7.29. Profit margin for the company is 13.47%. Distance from 52-week low is 77.21% and -17.12% from its 52-week high. The company has generated returns on investments over the last 12 months (11.62%).
The EPS is expected to grow by 5.24% this year
The shares outstanding are 104.35M, and float is at 102.52M with Short Float at 3.10%.
VAALCO Energy, Inc. (EGY) Insider Activity
The most recent transaction is an insider purchase by LaFehr Edward David, the company’s Director. SEC filings show that LaFehr Edward David bought 332 shares of the company’s common stock on Sep 22 ’23 at a price of $4.25 per share for a total of $1411.0. Following the purchase, the insider now owns 47010.0 shares.
VAALCO Energy, Inc. disclosed in a document filed with the SEC on Aug 31 ’23 that Maxwell George W.M. (Chief Executive Officer) bought a total of 5,000 shares of the company’s common stock. The trade occurred on Aug 31 ’23 and was made at $4.11 per share for $20550.0. Following the transaction, the insider now directly holds 0.25 million shares of the EGY stock.
Still, SEC filings show that on Aug 31 ’23, FAWTHROP ANDREW LAWRENCE (Director) acquired 4,000 shares at an average price of $4.11 for $16432.0. The insider now directly holds 408,458 shares of VAALCO Energy, Inc. (EGY).
