Vermilion Energy (TSE:VET) Shares Cross Above 200 Day Moving Average – Should You Sell?

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$10.86 and traded as high as C$12.98. Vermilion Energy shares last traded at C$12.46, with a volume of 1,178,893 shares.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Desjardins increased their price target on shares of Vermilion Energy from C$12.50 to C$13.00 and gave the stock a “hold” rating in a research report on Monday, November 24th. National Bankshares decreased their target price on Vermilion Energy from C$17.00 to C$15.00 and set an “outperform” rating for the company in a research report on Wednesday, October 22nd. Finally, Scotiabank upped their price target on Vermilion Energy from C$13.00 to C$14.00 and gave the company a “sector perform” rating in a research report on Thursday, October 9th. Three investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of C$13.83.

Vermilion Energy Stock Performance

The company has a market capitalization of C$1.91 billion, a price-to-earnings ratio of -8.20, a P/E/G ratio of -0.02 and a beta of 0.82. The stock has a 50 day simple moving average of C$11.53 and a 200 day simple moving average of C$10.86. The company has a quick ratio of 0.40, a current ratio of 1.25 and a debt-to-equity ratio of 35.61.

Vermilion Energy (TSE:VET) (NYSE:VET) last posted its earnings results on Wednesday, November 5th. The company reported C$0.02 earnings per share (EPS) for the quarter. The company had revenue of C$452.18 million for the quarter. Vermilion Energy had a negative return on equity of 28.37% and a negative net margin of 42.01%. As a group, analysts anticipate that Vermilion Energy Inc. will post 1.3956262 earnings per share for the current fiscal year.

Vermilion Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Wednesday, December 31st will be given a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 4.2%. The ex-dividend date is Monday, December 15th. Vermilion Energy’s dividend payout ratio (DPR) is currently -33.55%.

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.