Vermilion Energy (TSE:VET) Share Price Crosses Above 200 Day Moving Average of $15.96

Vermilion Energy Inc. (TSE:VETGet Free Report) (NYSE:VET)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$15.96 and traded as high as C$16.45. Vermilion Energy shares last traded at C$16.35, with a volume of 247,687 shares changing hands.

Analyst Upgrades and Downgrades

Several analysts recently commented on VET shares. Desjardins raised their price target on shares of Vermilion Energy from C$20.00 to C$21.00 and gave the company a “buy” rating in a research report on Tuesday, April 23rd. TD Securities upgraded Vermilion Energy from a “hold” rating to a “buy” rating and lifted their price target for the company from C$18.00 to C$20.00 in a research note on Wednesday, March 27th. Stifel Nicolaus increased their price target on Vermilion Energy from C$20.25 to C$22.00 and gave the stock a “buy” rating in a research report on Tuesday, April 23rd. Royal Bank of Canada raised their price objective on Vermilion Energy from C$20.00 to C$21.00 in a report on Tuesday, April 9th. Finally, Canaccord Genuity Group upped their target price on Vermilion Energy from C$20.00 to C$20.50 and gave the stock a “buy” rating in a research note on Wednesday, April 17th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$21.71.

View Our Latest Analysis on VET

Vermilion Energy Price Performance

The stock’s fifty day moving average price is C$16.51 and its 200-day moving average price is C$15.96. The firm has a market cap of C$2.62 billion, a PE ratio of -4.33, a price-to-earnings-growth ratio of -0.02 and a beta of 2.73. The company has a debt-to-equity ratio of 32.96, a current ratio of 1.15 and a quick ratio of 0.40.

Vermilion Energy (TSE:VETGet Free Report) (NYSE:VET) last announced its quarterly earnings data on Wednesday, May 1st. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.08 by C($1.07). The business had revenue of C$508.04 million for the quarter. Vermilion Energy had a negative net margin of 34.11% and a negative return on equity of 18.21%. As a group, equities analysts expect that Vermilion Energy Inc. will post 1.6180556 EPS for the current fiscal year.

Vermilion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date of this dividend is Friday, June 28th. Vermilion Energy’s dividend payout ratio (DPR) is currently -12.70%.

Insider Buying and Selling at Vermilion Energy

In other news, Director Robert B. Michaleski acquired 10,000 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The stock was purchased at an average cost of C$14.94 per share, for a total transaction of C$149,400.00. In other Vermilion Energy news, Director Myron Maurice Stadnyk bought 3,000 shares of the business’s stock in a transaction on Tuesday, March 26th. The stock was bought at an average price of C$16.10 per share, with a total value of C$48,300.00. Also, Director Robert B. Michaleski bought 10,000 shares of Vermilion Energy stock in a transaction on Monday, March 11th. The stock was acquired at an average price of C$14.94 per share, for a total transaction of C$149,400.00. Insiders purchased a total of 18,000 shares of company stock worth $279,945 in the last three months. 0.15% of the stock is owned by corporate insiders.

Vermilion Energy Company Profile

(Get Free Report)

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.

Read More

Receive News & Ratings for Vermilion Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vermilion Energy and related companies with MarketBeat.com's FREE daily email newsletter.