Vermilion Energy (TSE:VET) Shares Cross Above 200 Day Moving Average - Time to Sell?

Key Points

• Technical: Vermilion shares crossed above their 200‑day moving average (C$13.31) on heavy volume, trading as high as C$17.30 and last at C$16.85.
• Analyst consensus: The stock has two Buy and five Hold ratings for an overall MarketBeat consensus of "Hold" with a mean target of C$16.94, although several brokers recently raised price targets (C$15–C$24).
• Dividends & insider activity: Vermilion raised its quarterly dividend to C$0.135 (annualized C$0.54, ~3.2% yield), while insiders sold shares in March, modestly reducing their holdings.

Shares of Vermilion Energy Inc. (TSE:VET - Get Free Report) NYSE: VET crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$13.31 and traded as high as C$17.30. Vermilion Energy shares last traded at C$16.85, with a volume of 884,167 shares traded.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on VET shares. Scotiabank increased their price objective on shares of Vermilion Energy from C$14.00 to C$15.00 and gave the stock a "sector perform" rating in a research report on Tuesday, January 20th. ATB Cormark Capital Markets raised shares of Vermilion Energy from a "hold" rating to a "moderate buy" rating and increased their price objective for the stock from C$16.00 to C$24.00 in a research report on Friday, March 27th. Desjardins increased their price objective on shares of Vermilion Energy from C$13.50 to C$16.00 and gave the stock a "hold" rating in a research report on Monday, March 9th. Royal Bank Of Canada raised their price target on shares of Vermilion Energy from C$15.00 to C$22.00 and gave the company a "sector perform" rating in a research report on Wednesday, April 8th. Finally, TD Securities cut shares of Vermilion Energy from a "buy" rating to a "hold" rating and raised their price target for the company from C$14.00 to C$16.00 in a research report on Thursday, March 5th. Two research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of C$16.94.

Vermilion Energy Stock Performance

The firm has a market cap of C$2.57 billion, a P/E ratio of -3.96, a PEG ratio of -0.02 and a beta of 0.30. The company has a current ratio of 0.84, a quick ratio of 0.40 and a debt-to-equity ratio of 58.60. The company's 50-day moving average is C$16.29 and its two-hundred day moving average is C$13.31.

Vermilion Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 31st were given a $0.135 dividend. This represents a $0.54 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Friday, March 13th. This is a positive change from Vermilion Energy's previous quarterly dividend of $0.13. Vermilion Energy's payout ratio is -12.24%.

Insider Activity

In other Vermilion Energy news, insider Yvonne Jeffery sold 6,332 shares of the stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of C$19.51, for a total value of C$123,537.32. Following the completion of the sale, the insider owned 30,527 shares in the company, valued at approximately C$595,581.77. This trade represents a 17.18% decrease in their position. Also, insider Gerard Schut sold 10,000 shares of the stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of C$19.00, for a total transaction of C$190,000.00. Following the completion of the sale, the insider owned 94,268 shares of the company's stock, valued at approximately C$1,791,092. This trade represents a 9.59% decrease in their position. 0.16% of the stock is currently owned by company insiders.

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. In each market, the company relies on a host of drilling and well completion techniques to keep production at attractive levels.

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