Vermilion Energy (TSE:VET) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET's share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$13.83 and traded as high as C$14.83. Vermilion Energy shares last traded at C$14.31, with a volume of 485,762 shares.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on VET shares. BMO Capital Markets cut Vermilion Energy from an "outperform" rating to a "market perform" rating and cut their price objective for the company from C$20.00 to C$16.00 in a report on Friday, October 4th. 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. Canaccord Genuity Group dropped their price objective on shares of Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. National Bankshares lifted their target price on shares of 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. Finally, TD Securities decreased their price target on 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. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of C$17.83.

Vermilion Energy Stock Down 2.0 %

The firm has a 50 day moving average price of C$13.97 and a 200-day moving average price of C$13.83. The firm has a market cap of C$2.19 billion, a price-to-earnings ratio of -2.74, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. 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 announced its quarterly earnings data 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 net margin of 45.56% and a negative return on equity of 24.83%. The business had revenue of C$490.10 million during the quarter, compared to analyst estimates of C$497.45 million. As a group, equities analysts predict that Vermilion Energy Inc. will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Dividend Announcement

The company also recently disclosed 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 3.42%. The ex-dividend date of this dividend was Tuesday, December 31st. Vermilion Energy's payout ratio is -9.39%.

Insider Transactions at Vermilion Energy

In related news, Director Myron Maurice Stadnyk purchased 5,000 shares of Vermilion Energy stock in a transaction dated 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.

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.