Vermilion Energy (TSE:VET) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$13.87 and traded as high as C$15.00. Vermilion Energy shares last traded at C$14.76, with a volume of 508,688 shares changing hands.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. BMO Capital Markets downgraded Vermilion Energy from an "outperform" rating to a "market perform" rating and dropped their price objective for the stock from C$20.00 to C$16.00 in a report on Friday, October 4th. National Bankshares increased their price target on shares of Vermilion Energy from C$17.50 to C$18.00 and gave the stock an "outperform" rating in a research note on Monday, December 30th. Royal Bank of Canada reduced their price objective on shares of 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. Canaccord Genuity Group lowered their target price on shares of Vermilion Energy from C$20.00 to C$19.00 in a research report on Tuesday, October 22nd. Finally, TD Securities cut their target price on Vermilion Energy from C$18.00 to C$17.00 and set a "buy" rating on the stock in a report on Friday, December 20th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of C$18.77.

Vermilion Energy Stock Down 0.7 %

The company has a debt-to-equity ratio of 36.63, a current ratio of 1.09 and a quick ratio of 0.40. The firm has a market capitalization of C$2.28 billion, a P/E ratio of -2.87, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The business has a 50 day moving average price of C$13.85 and a 200 day moving average price of C$13.86.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last issued its quarterly earnings results on Wednesday, November 6th. The company reported C$0.33 EPS 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 business had revenue of C$490.10 million during the quarter, compared to the consensus estimate of C$497.45 million. On average, analysts predict that Vermilion Energy Inc. will post 1.3956262 earnings per share for the current year.

Vermilion Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 3.28%. The ex-dividend date of this dividend was Tuesday, December 31st. Vermilion Energy's payout ratio is currently -9.39%.

Insider Buying and Selling at Vermilion Energy

In other news, Director Myron Maurice Stadnyk acquired 5,000 shares of Vermilion Energy stock in a transaction on Friday, December 27th. The stock was bought at an average price of C$12.92 per share, for a total transaction of C$64,600.00. Insiders own 0.16% of the company's stock.

Vermilion Energy Company Profile

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.