VAALCO Energy, Inc. (NYSE:EGY) added $0.15 to its price during the regular trading session on Wednesday, reaching $2.63. When it comes to volume, 1.56 million shares of this company’s common stock changed hands. VAALCO Energy, Inc. (NYSE:EGY) has experienced a 1-year low price of $0.68 and a 1-year high price of $2.66. This organization’s current debt-to-equity ratio is 0.36, its current ratio is 1.00 and its quick ratio is 0.90 at the time of writing. The company has a beta of 0.79.
RBC Capital Mkts Reiterated shares of VAALCO Energy, Inc. (NYSE:EGY) to a Outperform rating in a report posted on Monday, August 10th, 2015. At the present, they have a price target for the Independent Oil & Gas set at $5. Several additional equities analysts have also published recent reports on EGY stock. RBC Capital Mkts, for example, Reiterated VAALCO Energy, Inc. to Sector Perform in a report that was made public on Wednesday, April 15th, 2009. RBC Capital Mkts Reiterated a $7 price target on VAALCO Energy, Inc. in a report from Wednesday, August 13th, 2008, while giving the stock to a Sector Perform rating. In a report sent out on Friday, March 14th, 2008, RBC Capital Mkts Reiterated the stock rating on VAALCO Energy, Inc. to a Sector Perform. Lastly, from a Underperform rating to Sector Perform rating on shares of VAALCO Energy, Inc. was Upgrade by RBC Capital Mkts, which also set a $4.50 price target on the company’s stock. In total, 0 Wall Street analysts have given this stock a hold rating, with analysts rating it as a strong buy.
There is a technical analysis indicator called the Relative Strength Index, or RSI, and analysts use it to measure momentum within a range of 0 to 100. When a stock’s RSI falls under 30, it is considered to be oversold. For VAALCO Energy, Inc., specifically, the RSI metric has reached 72.65 . VAALCO Energy, Inc. (NYSE:EGY) has gained 189.01% in value over the last three months, and 232.91% over the last six-month period. Over the last full year, the stock price has gained 177.37%.
The measurement of a stock’s predictable daily price range is referred to as volatility – and it’s also the price range within which a day trader does his or her business. Higher volatility translates to higher losses or profits. After recently verifying the number, VAALCO Energy, Inc. (NYSE:EGY) stock has a volatility measurement of 5.63% for the week, with 10.96% volatility as observed from the past 30 days. The public company has 57.66M shares outstanding currently, as well as a market cap of $151.65M. This stock’s distance from its 20-day simple moving average is 20.53%, based on a recent bid, while its distance from the 50-day simple moving average is currently 75.23%. Meanwhile, it has a distance of 169.67% from the 200-day simple moving average. Today, this organization is sitting -1.16% away from its 52-week high price and 287.33% away from its 52-week low price.
More detail-oriented stock traders might be keeping tabs on another metric: the Williams Percent Range or Williams %R. The Williams %R measurement is a widely-used technical indicator founded by Larry Williams to enable the identification of oversold and overbought stock territory. Traders will typically use Williams %R alongside other trend indicators to help locate potential turning points in a stock’s price trajectory. VAALCO Energy, Inc. (NYSE:EGY)’s Williams Percent Range, or 14-day Williams %R, is sitting at 2.56 at the time of writing. Generally speaking, if the indicator rises above -20, the shares may be overbought. On the flip side, if the indicator goes below -80, it may mean that the stock has crossed over into oversold territory.
Investors oftentimes keep their eyes on the latest stock price support and resistance levels. The support is a lower “floor” level where a stock may bounce back after it has dipped. If the share price can penetrate the first support level, investor attention may shift to the second level. The resistance is the contrary of support levels. As a stock grows in value, it may see a dip once it reaches a specific level of resistance. After a recent examination, this company’s shares’ first resistance level is sitting at 2.69. Meanwhile, investors are looking out for the first support level, which is 2.53.