Vermilion Energy (TSE:VET) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$10.46 and traded as high as C$12.67. Vermilion Energy shares last traded at C$12.35, with a volume of 561,582 shares traded.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Desjardins lowered Vermilion Energy from a “moderate buy” rating to a “hold” rating in a research report on Thursday, October 16th. Scotiabank boosted their price target on Vermilion Energy from C$13.00 to C$14.00 and gave the company a “sector perform” rating in a research note on Thursday, October 9th. National Bankshares cut their price objective on shares of Vermilion Energy from C$17.00 to C$15.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 22nd. Finally, BMO Capital Markets upped their target price on Vermilion Energy from C$10.50 to C$12.00 and gave the stock a “market perform” rating in a research note on Friday, August 8th. Three equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of C$13.67.

Vermilion Energy Trading Up 0.9%

The firm has a market cap of C$1.99 billion, a price-to-earnings ratio of -8.52, a price-to-earnings-growth ratio of -0.02 and a beta of 0.55. The company has a debt-to-equity ratio of 35.61, a quick ratio of 0.40 and a current ratio of 1.25. The company has a 50 day moving average price of C$11.07 and a 200 day moving average price of C$10.51.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings data on Wednesday, November 5th. The company reported C$0.02 earnings per share (EPS) for the quarter. The firm had revenue of C$452.18 million during the quarter. Vermilion Energy had a negative return on equity of 28.37% and a negative net margin of 42.01%. On average, research analysts expect that Vermilion Energy Inc. will post 1.3956262 earnings per share for the current year.

Vermilion Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Wednesday, October 15th were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Monday, September 29th. Vermilion Energy’s payout ratio is currently -33.55%.

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.