VAALCO Energy, Inc (NYSE:EGY) shares, rose in value on Friday, January 03, with the stock price up by 0.45% to the previous day’s close as strong demand from buyers drove the stock to $4.44.
Actively observing the price movement in the last trading, the stock closed the session at $4.42, falling within a range of $4.36 and $4.47. The value of beta (5-year monthly) was 1.186 whereas the PE ratio was 5.16 over 12-month period. Referring to stock’s 52-week performance, its high was $7.51, and the low was $4.03. On the whole, EGY has fluctuated by -11.38% over the past month.
With the market capitalization of VAALCO Energy, Inc currently standing at about $460.61 million, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.25, with its dividend yield at 5.63%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 491.44M, with a low estimate of 108.91M and a high estimate of 108.91M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 108.91M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EGY’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.58, with the price of EGY currently trading nearly -2.66% and -11.83% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.32, while the 7-day volatility ratio is showing 3.24% which for the 30-day chart, stands at 3.89%. Furthermore, VAALCO Energy, Inc (EGY)’s beta value is 1.18, and its average true range (ATR) is 0.17.
A comparison of VAALCO Energy, Inc (EGY) with its peers suggests the former has fared considerably weaker in the market. EGY showed an intraday change of 0.45% in last session, and over the past year, it shrunk by -5.73%%.
Data on historical trading for VAALCO Energy, Inc (NYSE:EGY) indicates that the trading volumes over the past 10 days have averaged 1.1 and over the past 3 months, they’ve averaged 921.54K. According to company’s latest data on outstanding shares, there are 103.74 million shares outstanding.
Nearly 1.84% of VAALCO Energy, Inc’s shares belong to company insiders and institutional investors own 59.96% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.6 million shares as on 2024-12-13, resulting in a short ratio of 4.33. According to the data, the short interest in VAALCO Energy, Inc (EGY) stood at 449.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 4.31 million. The stock has risen by 1.60% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EGY stock heading into the next quarter.
