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Vermilion Energy Inc (VET) Is Now En Route to Higher Prices

Vermilion Energy Inc (NYSE: VET) is -15.09% lower on its value in year-to-date trading and has touched a low of $8.70 and a high of $13.35 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 VET stock was last observed hovering at around $9.90 in the last trading session, with the day’s gains setting it 0.34%.

Currently trading at $10.24, the stock is 5.63% and 5.15% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.9 million and changing 3.43% at the moment leaves the stock -5.50% off its SMA200. VET registered -19.69% loss for a year compared to 6-month loss of -18.47%. The firm has a 50-day simple moving average (SMA 50) of $9.7148 and a 200-day simple moving average (SMA200) of $10.83625.

The stock witnessed a 4.92% gain in the last 1 month and extending the period to 3 months gives it a 2.30%, and is 5.68% 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 3.76% over the week and 2.86% over the month.

Vermilion Energy Inc (VET) has around 740 employees, a market worth around $2.23B and $1.42B in sales. Fwd P/E is 12.14. Profit margin for the company is -42.87%. Distance from 52-week low is 17.63% and -23.30% from its 52-week high. The company has generated returns on investments over the last 12 months (-21.12%).

The EPS is expected to grow by 122.53% this year.

Vermilion Energy Inc (VET) Top Institutional Holders

234.0 institutions hold shares in Vermilion Energy Inc (VET), with institutional investors hold 45.84% of the company’s shares. The shares outstanding are 162.27M, and float is at 153.57M with Short Float at 1.75%. Institutions hold 45.76% of the Float.

The top institutional shareholder in the company is AMERIPRISE FINANCIAL INC with over 6.3 million shares valued at $69.38 million. The investor’s holdings represent 3.9087% of the VET Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.98 million shares valued at $65.82 million to account for 3.7083 of the shares outstanding. The other top investors are MILLENNIUM MANAGEMENT LLC which holds 5.48 million shares representing 3.4019% and valued at over $60.36 million, while DIMENSIONAL FUND ADVISORS LP holds 2.1481 of the shares totaling 3.46 million with a market value of $38.13 million.

Vermilion Energy Inc (VET) Insider Activity

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