Do VAALCO Energy Inc. (EGY) beta value of 1.97 signposts another twist?

VAALCO Energy Inc. (EGY) is priced at $1.23 after the most recent trading session. At the very opening of the session, the stock price was $1.03 and reached a high price of $1.03, prior to closing the session it reached the value of $1.02. The stock touched a low price of $1.00.

Recently in News on November 17, 2020, VAALCO Announces Transformational Acquisition of Additional Working Interest at Etame Marin Block Offshore Gabon Nearly Doubling Reserves and Production. VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that it has signed a sale and purchase agreement (“SPA”) to acquire Sasol Gabon S.A.’s (“Sasol’s”) 27.8% working interest(1) in the Etame Marin block offshore Gabon. Since VAALCO currently owns and operates a 31.1% working interest(1) in Etame, the transaction will almost double VAALCO’s total production and reserves. In addition, VAALCO is acquiring Sasol’s 40% non-operated participating interest(1) in Block DE-8 offshore Gabon. You can read further details here


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VAALCO Energy Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $2.6000 on 01/10/20, with the lowest value was $0.7000 for the same time period, recorded on 03/23/20.

VAALCO Energy Inc. (EGY) full year performance was -45.16%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, VAALCO Energy Inc. shares are logging -52.69% during the 52-week period from high price, and 75.71% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.70 and $2.60.

The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 10572111 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the VAALCO Energy Inc. (EGY) recorded performance in the market was -54.05%, having the revenues showcasing -12.07% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 58.86M, as it employees total of 111 workers.

Market experts do have their say about VAALCO Energy Inc. (EGY)

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.0780, with a change in the price was noted -0.0100. In a similar fashion, VAALCO Energy Inc. posted a movement of -0.81% for the period of last 100 days, recording 346,207 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for EGY is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Technical breakdown of VAALCO Energy Inc. (EGY)

Raw Stochastic average of VAALCO Energy Inc. in the period of last 50 days is set at 77.57%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 77.57%. In the last 20 days, the company’s Stochastic %K was 70.30% and its Stochastic %D was recorded 64.77%.

Bearing in mind the latest performance of VAALCO Energy Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -54.05%. Additionally, trading for the stock in the period of the last six months notably improved by 7.37%, alongside a downfall of -45.16% for the period of the last 12 months. The shares increased approximately by -7.27% in the 7-day charts and went down by 5.63% in the period of the last 30 days. Common stock shares were lifted by -12.07% during last recorded quarter.

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