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 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 traded.

Analyst Upgrades and Downgrades

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

Vermilion Energy Stock Down 2.0 %

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 stock has a market cap of C$2.19 billion, a price-to-earnings ratio of -2.74, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The firm’s 50-day moving average is C$13.97 and its 200 day moving average is C$13.82.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued 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). The firm had revenue of C$490.10 million for the quarter, compared to analysts’ expectations of C$497.45 million. Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. Sell-side analysts anticipate that Vermilion Energy Inc. will post 1.3956262 earnings per share for the current fiscal 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. This represents a $0.48 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date was Tuesday, December 31st. Vermilion Energy’s dividend payout ratio is presently -9.39%.

Insider Activity

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

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.