Vermilion Energy (TSE:VET) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$13.87 and traded as high as C$15.00. Vermilion Energy shares last traded at C$14.76, with a volume of 508,688 shares traded.

Analysts Set New Price Targets

A number of analysts have recently commented on VET shares. TD Securities lowered their target price on Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a research note on Friday, December 20th. ATB Capital lowered their price objective on Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a research report on Monday, December 30th. Canaccord Genuity Group cut their target price on shares of Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. BMO Capital Markets downgraded shares of Vermilion Energy from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from C$20.00 to C$16.00 in a report on Friday, October 4th. Finally, National Bankshares raised their price target on shares of Vermilion Energy from C$17.50 to C$18.00 and gave the company an “outperform” rating in a research report on Monday, December 30th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, Vermilion Energy currently has a consensus rating of “Moderate Buy” and an average price target of C$18.45.

Vermilion Energy Trading Up 0.1 %

The company’s fifty day simple moving average is C$13.87 and its 200-day simple moving average is C$13.86. The firm has a market capitalization of C$2.29 billion, a PE ratio of -2.87, a P/E/G ratio of -0.02 and a beta of 2.60. The company has a debt-to-equity ratio of 36.63, a current ratio of 1.09 and a quick ratio of 0.40.

Vermilion Energy (TSE:VET) (NYSE:VET) last issued its quarterly earnings results on Wednesday, November 6th. The company reported C$0.33 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.45 by C($0.12). Vermilion Energy had a negative net margin of 45.56% and a negative return on equity of 24.83%. The company had revenue of C$490.10 million during the quarter, compared to analysts’ expectations of C$497.45 million. As a group, sell-side analysts expect that Vermilion Energy Inc. will post 1.3956262 earnings per share for the current fiscal year.

Vermilion Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date was Tuesday, December 31st. Vermilion Energy’s dividend payout ratio is presently -9.39%.

Insider Buying and Selling

In related news, Director Myron Maurice Stadnyk bought 5,000 shares of the stock in a transaction dated Friday, December 27th. The shares were acquired at an average cost of C$12.92 per share, for a total transaction of C$64,600.00. 0.16% of the stock is owned by company insiders.

About Vermilion Energy

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.