At the end of the latest market close, VAALCO Energy Inc. (EGY) was valued at $4.45. In that particular session, Stock kicked-off at the price of $4.48 while reaching the peak value of $4.64 and lowest value recorded on the day was $4.42. The stock current value is $4.60.Recently in News on September 21, 2022, ISS Concludes that TransGlobe Shareholders Vote FOR the Proposed Business Combination with VAALCO Energy, Inc. Calgary, Alberta–(Newsfile Corp. – September 21, 2022) – TransGlobe Energy Corporation (AIM: TGL) (TSX: TGL) (NASDAQ: TGA) (“TransGlobe” or the “Company”) is pleased to note the updated report issued by a leading proxy advisor, Institutional Shareholder Services (“ISS”), recommends its institutional clients vote FOR the proposed business combination (“Proposed Transaction”) of TransGlobe and VAALCO Energy, Inc. (NYSE: EGY) (LSE: EGY) (“VAALCO”) to create a world-class African-focused E&P company supporting sustainable shareholder returns and growth. You can read further details here
VAALCO Energy Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $8.77 on 06/06/22, with the lowest value was $3.16 for the same time period, recorded on 01/03/22.
VAALCO Energy Inc. (EGY) full year performance was 82.54%
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 -47.55% during the 52-week period from high price, and 87.76% 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 $2.45 and $8.77.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 2594432 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 43.30%, having the revenues showcasing -32.15% 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 271.72M, as it employees total of 117 workers.
Specialists analysis on VAALCO Energy Inc. (EGY)
During the last month, 0 analysts gave the VAALCO Energy Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 6.05, with a change in the price was noted -1.94. In a similar fashion, VAALCO Energy Inc. posted a movement of -29.66% for the period of last 100 days, recording 1,993,548 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 0.01 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.01.
Trends and Technical analysis: VAALCO Energy Inc. (EGY)
Raw Stochastic average of VAALCO Energy Inc. in the period of last 50 days is set at 16.08%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 23.40%. In the last 20 days, the company’s Stochastic %K was 15.46% and its Stochastic %D was recorded 19.43%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 43.30%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -30.51%, alongside a boost of 82.54% for the period of the last 12 months. The shares increased approximately by -1.08% in the 7-day charts and went up by -12.71% in the period of the last 30 days. Common stock shares were lifted by -32.15% during last recorded quarter.