VAALCO Energy, Inc. (LON:EGY - Get Free Report)'s stock price rose 4.1% on Monday . The company traded as high as GBX 302 ($4.09) and last traded at GBX 302 ($4.09). Approximately 2,483 shares were traded during trading, an increase of 152% from the average daily volume of 987 shares. The stock had previously closed at GBX 290 ($3.93).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group upped their price target on shares of VAALCO Energy from GBX 525 to GBX 530 and gave the stock a "buy" rating in a research note on Monday, August 11th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of GBX 607.50.
View Our Latest Analysis on VAALCO Energy
VAALCO Energy Stock Performance
The stock has a market capitalization of £317.34 million, a price-to-earnings ratio of 539.29 and a beta of 1.17. The stock's 50 day moving average is GBX 278.32 and its 200 day moving average is GBX 287.51. The company has a current ratio of 1.19, a quick ratio of 0.74 and a debt-to-equity ratio of 17.57.
VAALCO Energy Company Profile
(
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VAALCO, founded in 1985, is a Houston, USA based, independent energy company with production, development and exploration assets in the West African region.
The Company is an established operator within the region, holding a 31.1% working interest in the Etame Marin block, located offshore Gabon, which to date has produced over 110 MMBBL of crude oil and of which the Company holds operational control.
Further Reading
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