Vermilion Energy Inc (NYSE:VET) shares, rose in value, with the stock price up by 0.50% to the previous day’s close as strong demand from buyers drove the stock to $12.09.
Actively observing the price movement in the last trading, the stock closed the session at $12.03. Referring to stock’s 52-week performance, its high was $15.98, and the low was $9.81. On the whole, VET has fluctuated by -1.23% over the past month.
The company’s Forward Dividend Ratio is 0.31, with its dividend yield at 2.60%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.34B, with a low estimate of 462.44M and a high estimate of 481.04M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 471.74M.
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 Hold on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of VET currently trading nearly -1.32% and 3.37% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.30, while the 7-day volatility ratio is showing 2.67% which for the 30-day chart, stands at 2.62%. Furthermore, Vermilion Energy Inc (VET)’s beta value is 2.05, 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 0.50% in last session, and over the past year, it shrunk by -0.17%%.
Data on historical trading for Vermilion Energy Inc (NYSE:VET) indicates that the trading volumes over the past 3 months, they’ve averaged 1.20 million. According to company’s latest data on outstanding shares, there are 162.27 million shares outstanding.
Nearly 0.96% of Vermilion Energy Inc’s shares belong to company insiders and institutional investors own 35.75% of the company’s shares. The stock has risen by 0.25% 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.
