Vermilion Energy (TSE:VET) Stock Price Down 3.1% - Should You Sell?

Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET fell 3.1% during trading on Thursday . The stock traded as low as C$11.29 and last traded at C$11.38. 145,438 shares changed hands during trading, a decline of 79% from the average session volume of 683,456 shares. The stock had previously closed at C$11.74.

Wall Street Analysts Forecast Growth

VET has been the topic of several research analyst reports. TD Securities reduced their price objective on shares of 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. National Bankshares boosted their price objective on Vermilion Energy from C$18.00 to C$19.00 and gave the company an "outperform" rating in a research note on Thursday, January 30th. BMO Capital Markets reduced their price objective on Vermilion Energy from C$16.00 to C$14.00 in a research note on Thursday, March 6th. 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, ATB Capital reduced their price objective on Vermilion Energy from C$20.00 to C$17.50 and set an "outperform" rating for the company in a research note on Monday, December 30th. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of C$17.72.

Vermilion Energy Trading Down 5.5 %

The company has a quick ratio of 0.40, a current ratio of 1.25 and a debt-to-equity ratio of 35.61. The firm has a market cap of C$1.72 billion, a price-to-earnings ratio of -2.09, a price-to-earnings-growth ratio of -0.02 and a beta of 2.60. The business has a 50 day moving average of C$13.23 and a 200 day moving average of C$13.40.

Insider Activity at Vermilion Energy

In other Vermilion Energy news, Director Myron Maurice Stadnyk purchased 5,000 shares of the firm's stock in a transaction on Friday, December 27th. The shares were purchased at an average cost of C$12.92 per share, with a total value 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.

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