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

Shares of Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$14.49 and traded as high as C$14.50. Vermilion Energy shares last traded at C$14.35, with a volume of 960,277 shares.

Wall Street Analyst Weigh In

VET has been the subject of a number of recent analyst reports. National Bankshares lowered their target price on shares of Vermilion Energy from C$23.00 to C$17.00 in a report on Friday, September 27th. BMO Capital Markets downgraded Vermilion Energy from an "outperform" rating to a "market perform" rating and cut their price objective for the stock from C$20.00 to C$16.00 in a report on Friday, October 4th. Royal Bank of Canada dropped their price objective on shares of Vermilion Energy from C$20.00 to C$17.00 in a research note on Tuesday, September 17th. Canaccord Genuity Group cut their price objective on shares of Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. Finally, JPMorgan Chase & Co. lowered their price target on Vermilion Energy from C$18.00 to C$15.00 in a report on Thursday, September 12th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of C$19.36.

Vermilion Energy Trading Down 1.4 %

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's fifty day moving average price is C$13.36 and its 200-day moving average price is C$14.49. The company has a market cap of C$2.21 billion, a price-to-earnings ratio of -2.81, a P/E/G ratio of -0.02 and a beta of 2.60.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last announced its 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 firm had revenue of C$490.10 million during the quarter, compared to analyst estimates of C$497.45 million. On average, equities analysts expect that Vermilion Energy Inc. will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.12 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.48 annualized dividend and a yield of 3.39%. Vermilion Energy's dividend payout ratio (DPR) is presently -9.39%.

Insider Transactions at Vermilion Energy

In other Vermilion Energy news, Director Myron Maurice Stadnyk acquired 5,000 shares of the company's stock in a transaction dated Wednesday, August 21st. The shares were acquired at an average cost of C$13.54 per share, for a total transaction of C$67,700.00. 0.16% of the stock is owned by corporate insiders.

Vermilion Energy Company Profile

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.