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

Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET shares 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 traded.

Analysts Set New Price Targets

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

Vermilion Energy Price Performance

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 PEG ratio of -0.02 and a beta of 2.60. The company's 50 day moving average price is C$13.85 and its 200 day moving average price is C$13.86.

Vermilion Energy (TSE:VET - Get Free Report) NYSE: VET last announced its quarterly earnings data on Wednesday, November 6th. The company reported C$0.33 EPS for the quarter, missing analysts' consensus estimates of C$0.45 by C($0.12). The firm had revenue of C$490.10 million during the quarter, compared to the consensus estimate of C$497.45 million. Vermilion Energy had a negative net margin of 45.56% and a negative return on equity of 24.83%. As a group, sell-side analysts anticipate that Vermilion Energy Inc. will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Announces Dividend

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

Insider Buying and Selling at Vermilion Energy

In other Vermilion Energy news, Director Myron Maurice Stadnyk bought 5,000 shares of the company's 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. Corporate 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.