Vermilion Energy (TSE:VET) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Vermilion Energy Inc. (TSE:VET) (NYSE:VET)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$13.83 and traded as high as C$14.83. Vermilion Energy shares last traded at C$14.31, with a volume of 485,762 shares changing hands.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on VET shares. Royal Bank of Canada dropped their target price on shares of Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating on the stock in a report on Monday, December 30th. TD Securities dropped their price target on Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a report on Friday, December 20th. National Bankshares raised their price objective on Vermilion Energy from C$17.50 to C$18.00 and gave the stock an “outperform” rating in a research note on Monday, December 30th. ATB Capital cut their target price on Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a research report on Monday, December 30th. Finally, BMO Capital Markets lowered Vermilion Energy from an “outperform” rating to a “market perform” rating and decreased their price target for the company from C$20.00 to C$16.00 in a research report on Friday, October 4th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$17.83.

Vermilion Energy Stock Down 2.0 %

The firm has a market cap of C$2.19 billion, a PE ratio of -2.74, a P/E/G ratio of -0.02 and a beta of 2.60. The company has a debt-to-equity ratio of 36.63, a current ratio of 1.09 and a quick ratio of 0.40. The business has a fifty day moving average price of C$13.97 and a two-hundred day moving average price of C$13.82.

Vermilion Energy (TSE:VET) (NYSE:VET) last released its earnings results on Wednesday, November 6th. The company reported C$0.33 earnings per share for the quarter, missing the consensus estimate of C$0.45 by C($0.12). Vermilion Energy had a negative net margin of 45.56% and a negative return on equity of 24.83%. The business had revenue of C$490.10 million for the quarter, compared to analysts’ expectations of C$497.45 million. On average, analysts anticipate that Vermilion Energy Inc. will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date of this dividend was Tuesday, December 31st. Vermilion Energy’s dividend payout ratio is presently -9.39%.

Insider Buying and Selling at Vermilion Energy

In other news, Director Myron Maurice Stadnyk acquired 5,000 shares of Vermilion Energy stock in a transaction dated Friday, December 27th. The stock was acquired at an average cost of C$12.92 per share, for a total transaction of C$64,600.00. Corporate insiders own 0.16% of the company’s stock.

Vermilion Energy Company Profile

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas.