Vermilion Energy (TSE:VET) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) passed above its 200-day moving average during trading on Thursday . The stock has a 200-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 trading hands.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on VET. ATB Capital decreased their target price on shares of Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating for the company in a research note on Monday, December 30th. National Bankshares increased their target price on shares of 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. BMO Capital Markets downgraded shares of Vermilion Energy from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from C$20.00 to C$16.00 in a research note on Friday, October 4th. Royal Bank of Canada decreased their target price on shares of Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating for the company in a research note on Monday, December 30th. Finally, Canaccord Genuity Group decreased their target price on shares of Vermilion Energy from C$20.00 to C$19.00 in a research note on Tuesday, October 22nd. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$17.83.

Vermilion Energy Stock Performance

The company has a current ratio of 1.09, a quick ratio of 0.40 and a debt-to-equity ratio of 36.63. The stock’s 50 day moving average price is C$13.97 and its two-hundred day moving average price is C$13.83. The firm has a market capitalization of C$2.23 billion, a PE ratio of -2.80, a PEG ratio of -0.02 and a beta of 2.60.

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

Vermilion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a $0.12 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.35%. Vermilion Energy’s dividend payout ratio (DPR) is presently -9.39%.

Insider Buying and Selling at Vermilion Energy

In related news, Director Myron Maurice Stadnyk purchased 5,000 shares of the firm’s stock in a transaction on Friday, December 27th. The shares were bought at an average price of C$12.92 per share, for a total transaction of C$64,600.00. 0.16% of the stock is owned by company insiders.

About Vermilion Energy

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.