VAALCO Energy Inc. [EGY] has traded in a range of $0.70 to $2.60 in the last 1 year. As of this writing, the stock is at $1.76, down -0.56%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, EGY shares are 78.79% up with the monthly amount drift of 81.50% and seems well in a long time frame.

On 17, November 2020, VAALCO Announces Transformational Acquisition of Additional Working Interest at Etame Marin Block Offshore Gabon Nearly Doubling Reserves and Production. According to news published on Yahoo Finance, VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that it has signed a sale and purchase agreement (“SPA”) to acquire Sasol Gabon S.A.’s (“Sasol’s”) 27.8% working interest(1) in the Etame Marin block offshore Gabon. Since VAALCO currently owns and operates a 31.1% working interest(1) in Etame, the transaction will almost double VAALCO’s total production and reserves. In addition, VAALCO is acquiring Sasol’s 40% non-operated participating interest(1) in Block DE-8 offshore Gabon.

Analyst Birdseye View:

The most recent analyst activity for VAALCO Energy Inc. [NYSE:EGY] stock was on August 10, 2015, when it was Reiterated with an Outperform rating from RBC Capital Mkts, which also lowered its 12-month price target on the stock from $6 to $5. Before that, on October 18, 2019, Canaccord Genuity Recapitulated a Buy rating and elevated its amount target to $2.70. On April 15, 2009, RBC Capital Mkts Reiterated a Sector perform rating and plunged its price target on this stock from $7 to $6. On August 13, 2008, RBC Capital Mkts Reiterated a Sector perform rating and increased its price target from $5 to $7. On March 14, 2008, RBC Capital Mkts Reiterated a Sector perform rating and increased its price target to $5. On August 13, 2007, RBC Capital Mkts Upgrade a Sector perform rating and boosted its amount target on this stock to $4.50. On March 07, 2007, RBC Capital Mkts Reiterated an Underperform rating and decreased its target amount on this stock from $6 to $5.

In the past 52 weeks of trading, this stock has oscillated between a low of $0.70 and a peak of $2.60. At the most recent market close, shares of VAALCO Energy Inc. [NYSE:EGY] were valued at $1.76.

FUNDAMENTAL ANALYSIS

VAALCO Energy Inc. [NYSE:EGY] most recently reported quarterly sales of 18.26 billion, which represented growth of 4.00%. This publicly-traded organization’s revenue is $761,450 per employee, while its income is -$25,468 per employee. This company’s Gross Margin is currently 58.30%, its Operating Margin is -19.80%, its Pretax Margin is +24.90, and its Net Margin is -3.34. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -1.50, -2.58, 16.46 and -2.35 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 23.32 and the whole liability to whole assets at 15.77. It shows enduring liability to the whole principal at 14.94 and enduring liability to assets at 0.10 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 1.4367 points at 1st support level, the second support level is making up to 1.1033. But as of 1st resistance point, this stock is sitting at 1.9367 and at 2.1033 for 2nd resistance point.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for VAALCO Energy Inc. [NYSE:EGY] is 1.40. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.73. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.55 and it’s amount to book ratio is 1.17.