Vermilion Energy Inc (NYSE:VET) shares, rose in value on Friday, January 03, with the stock price up by 0.51% to the previous day’s close as strong demand from buyers drove the stock to $9.87.
Actively observing the price movement in the last trading, the stock closed the session at $9.82, falling within a range of $9.7501 and $9.94. The value of beta (5-year monthly) was 2.577. Referring to stock’s 52-week performance, its high was $12.79, and the low was $8.22. On the whole, VET has fluctuated by -3.24% over the past month.
With the market capitalization of Vermilion Energy Inc currently standing at about $1.53 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.35, with its dividend yield at 3.53%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.03B, with a low estimate of 479M and a high estimate of 535.7M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 507.35M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VET’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of VET currently trading nearly 6.17% and 2.09% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.80, while the 7-day volatility ratio is showing 3.34% which for the 30-day chart, stands at 3.61%. Furthermore, Vermilion Energy Inc (VET)’s beta value is 2.00, and its average true range (ATR) is 0.34.
A comparison of Vermilion Energy Inc (VET) with its peers suggests the former has fared considerably weaker in the market. VET showed an intraday change of 0.51% in last session, and over the past year, it shrunk by -19.76%%.
Data on historical trading for Vermilion Energy Inc (NYSE:VET) indicates that the trading volumes over the past 10 days have averaged 1.52 and over the past 3 months, they’ve averaged 1.17 million. According to company’s latest data on outstanding shares, there are 155.35 million shares outstanding.
Nearly 1.00% of Vermilion Energy Inc’s shares belong to company insiders and institutional investors own 40.83% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.69 million shares as on 2024-01-31, resulting in a short ratio of 3.64. The stock has risen by 5.00% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VET stock heading into the next quarter.
