Shares of VAALCO Energy, Inc. (LON:EGY - Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 285.81 ($3.69) and last traded at GBX 285.81 ($3.69), with a volume of 857 shares trading hands. The stock had previously closed at GBX 335 ($4.33).
Analysts Set New Price Targets
Separately, Canaccord Genuity Group cut their price target on shares of VAALCO Energy from GBX 700 ($9.05) to GBX 685 ($8.85) and set a "buy" rating on the stock in a report on Wednesday, November 13th.
Read Our Latest Analysis on VAALCO Energy
VAALCO Energy Price Performance
The company has a quick ratio of 0.74, a current ratio of 1.19 and a debt-to-equity ratio of 17.57. The company has a market capitalization of £321.59 million, a P/E ratio of 508.20 and a beta of 1.17. The company's 50-day simple moving average is GBX 355.08 and its 200 day simple moving average is GBX 427.66.
About VAALCO Energy
(
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VAALCO, founded in 1985, is a Houston, USA based, independent energy company with production, development and exploration assets in the West African region.
The Company is an established operator within the region, holding a 31.1% working interest in the Etame Marin block, located offshore Gabon, which to date has produced over 110 MMBBL of crude oil and of which the Company holds operational control.
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