VAALCO Energy, Inc (NYSE: EGY) is -4.68% lower on its value in year-to-date trading and has touched a low of $4.03 and a high of $7.51 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 EGY stock was last observed hovering at around $4.33 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $4.28, the stock is -9.63% and -17.64% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.78 million and changing -1.15% at the moment leaves the stock -29.26% off its SMA200. EGY registered -9.32% loss for a year compared to 6-month loss of -31.08%. The firm has a 50-day simple moving average (SMA 50) of $5.227 and a 200-day simple moving average (SMA200) of $6.0503.
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The stock witnessed a -18.16% gain in the last 1 month and extending the period to 3 months gives it a -22.46%, and is -2.28% 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 3.53% over the week and 3.95% over the month.
VAALCO Energy, Inc (EGY) has around 189 employees, a market worth around $444.02M and $506.42M in sales. Current P/E ratio is 4.97 and Fwd P/E is 11.46. Profit margin for the company is 17.74%. Distance from 52-week low is 6.20% and -42.97% from its 52-week high. The company has generated returns on investments over the last 12 months (15.65%).
The EPS is expected to shrink by -19.35% this year
288.0 institutions hold shares in VAALCO Energy, Inc (EGY), with institutional investors hold 62.50% of the company’s shares. The shares outstanding are 103.74M, and float is at 101.83M with Short Float at 4.52%. Institutions hold 61.18% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 8.59 million shares valued at $53.87 million. The investor’s holdings represent 8.2878 of the EGY Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.55 million shares valued at $47.36 million to account for 7.2867 of the shares outstanding. The other top investors are STATE STREET CORP which holds 4.11 million shares representing 3.9641 and valued at over $25.76 million, while AMERICAN CENTURY COMPANIES INC holds 2.7145 of the shares totaling 2.81 million with a market value of $17.64 million.
VAALCO Energy, Inc (EGY) Insider Activity
The most recent transaction is an insider purchase by Maxwell George W.M., the company’s Chief Executive Officer. SEC filings show that Maxwell George W.M. bought 4,500 shares of the company’s common stock on Dec 16 ’24 at a price of $4.68 per share for a total of $21060.0. Following the purchase, the insider now owns 0.37 million shares.
