Vermilion Energy Inc. (NYSE:VET) finished Wednesday with a subtraction of -$0.03 to close at $14.97, a downside of -0.19 percent. An average of 1,518,528 shares of common stock have been traded in the last five days. There was a gain of $0.89 in the past week, and it reached a new high 6 times over the past 12 months. The last 20 days have seen an average of 1,342,407 shares traded, while the 50-day average volume stands at 1,227,921.
VET stock has increased by 9.85% in the last month. The company shares reached their 1-month lowest point of $12.57 on 07/17/23. With the stock rallying to its 52-week high on 01/03/23, shares of the company touched a low of $10.75 and a high of $30.17 in 52 weeks. It has reached a new high 1 time so far this year and lost -15.41% or -$2.76 in price. In spite of this, the price is down -50.37% from the 52-week high.
Valuation Metrics
Vermilion Energy Inc. (VET) has a trailing price-to-earnings (P/E) ratio of 2.14. The stock’s beta is 2.26. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.14, the price-to-book (PB) ratio at 0.65, and the price-to-cash flow ratio at 5.02.
The company has a payout ratio of 5.00%. The company’s most recent quarterly dividend payment was $0.0749 a share, representing a up of 2.04% from $0.0734 last year.
Financial Health
The quick ratio of Vermilion Energy Inc. for the three months ended June 29 was 0.80, and the current ratio was 0.90, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.25 and a total debt to equity ratio of 0.25 for the quarter ending June 29. Its gross profit as reported stood at $1.48 billion compared to revenue of $2.63 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Vermilion Energy Inc.’s return on assets was 16.70%.
Earnings Surprise
In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $208.08 million in the quarter, while revenues were grew 100.0%. The analyst consensus anticipated Vermilion Energy Inc.’s latest quarter earnings to come in at $0.32 per share, but it turned out to be $0.57, a 78.10% surprise. For the quarter, EBITDA amounted to $179.68 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Vermilion Energy Inc. (VET) price momentum. RSI 9-day as of the close on 09 August was 70.46%, suggesting the stock is Overbought, with historical volatility in this time frame at 42.50%.
As of today, VET’s price is $14.49 +6.37% or $0.89 from its 5-day moving average. VET is currently trading +10.38% higher than its 20-day SMA and +23.41% higher than its 100-day SMA. However, the stock’s current price level is +34.76% above the SMA50 and -33.67% below the SMA200.
The stochastic %K and %D were 77.23% and 74.16%, respectively, and the average true range (ATR) was 0.58. With the 14-day stochastic at 78.51% and the average true range at 0.55, the RSI (14) stands at 66.95%. The stock has reached 0.54 on the 9-day MACD Oscillator while the 14-day reading was at 0.78.
Analyst Ratings
Desjardins downgraded Vermilion Energy Inc. (NYSE: VET) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Buy.
