Vermilion Energy (TSE:VET) Stock Crosses Above Two Hundred Day Moving Average - What's Next?

Shares of Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$13.89 and traded as high as C$14.72. Vermilion Energy shares last traded at C$14.67, with a volume of 561,033 shares traded.

Wall Street Analyst Weigh In

Several analysts have weighed in on VET shares. TD Securities dropped their target price on shares of 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. JPMorgan Chase & Co. reduced their target price on Vermilion Energy from C$18.00 to C$15.00 in a research note on Thursday, September 12th. ATB Capital dropped their price target on Vermilion Energy from C$20.00 to C$17.50 and set an "outperform" rating on the stock in a research note on Monday, December 30th. Royal Bank of Canada reduced their price objective on Vermilion Energy from C$17.00 to C$16.00 and set a "sector perform" rating for the company in a research note on Monday, December 30th. Finally, National Bankshares lifted their target price 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. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, Vermilion Energy currently has an average rating of "Moderate Buy" and an average target price of C$18.77.

Vermilion Energy Stock Performance

The stock has a market capitalization of C$2.29 billion, a PE ratio of -2.87, a P/E/G ratio of -0.02 and a beta of 2.60. The company's 50 day moving average price is C$13.67 and its two-hundred day moving average price is C$13.89. The company has a debt-to-equity ratio of 36.63, a current ratio of 1.09 and a quick ratio of 0.40.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last issued its earnings results on Wednesday, November 6th. The company reported C$0.33 earnings per share for the quarter, missing the consensus estimate of C$0.45 by C($0.12). Vermilion Energy had a negative return on equity of 24.83% and a negative net margin of 45.56%. The company had revenue of C$490.10 million for the quarter, compared to analyst estimates of C$497.45 million. As a group, analysts expect that Vermilion Energy Inc. will post 1.3956262 earnings per share for the current year.

Vermilion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 3.27%. The ex-dividend date of this dividend is Tuesday, December 31st. Vermilion Energy's payout ratio is currently -9.39%.

Insider Buying and Selling at Vermilion Energy

In other Vermilion Energy news, Director Myron Maurice Stadnyk purchased 5,000 shares of the stock in a transaction dated Friday, December 27th. The stock was acquired at an average cost of C$12.92 per share, for a total transaction of C$64,600.00. 0.16% of the stock is currently owned by company insiders.

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.