Shares of Vermilion Energy Inc. (TSE:VET) (NYSE:VET) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.00 and traded as high as C$10.45. Vermilion Energy shares last traded at C$10.35, with a volume of 2,212,478 shares.
VET has been the subject of a number of research analyst reports. BMO Capital Markets lifted their price target on shares of Vermilion Energy from C$11.00 to C$12.00 and gave the stock a “na” rating in a research note on Monday, March 15th. JPMorgan Chase & Co. boosted their target price on shares of Vermilion Energy from C$5.00 to C$9.00 and gave the company an “underperform” rating in a research report on Tuesday, April 20th. Scotiabank boosted their target price on shares of Vermilion Energy from C$9.25 to C$11.50 in a research report on Monday, March 22nd. Raymond James restated an “outperform” rating and set a C$13.00 target price on shares of Vermilion Energy in a research report on Thursday, April 29th. Finally, CIBC restated a “neutral” rating and set a C$10.00 target price on shares of Vermilion Energy in a research report on Thursday, April 29th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of C$10.05.
The firm has a market capitalization of C$1.67 billion and a P/E ratio of 5.53. The stock’s 50 day simple moving average is C$9.21. The company has a debt-to-equity ratio of 140.66, a quick ratio of 0.63 and a current ratio of 0.78.
In other Vermilion Energy news, Senior Officer Terrance Gerald Hergott sold 8,152 shares of the business’s stock in a transaction on Thursday, March 18th. The shares were sold at an average price of C$10.50, for a total transaction of C$85,596.00. Following the transaction, the insider now owns 61,156 shares in the company, valued at C$642,138.
Vermilion Energy Company Profile (TSE:VET)
Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas in North America, Europe, and Australia. It owns 81% working interest in 642,300 net acres of developed land and 87% working interest in 376,700 net acres of undeveloped land, and 613 net producing natural gas wells and 3,034 net producing oil wells in Canada; and 96% working interest in 248,900 net acres of developed land and 91% working interest in 222,100 net acres of undeveloped land in the Aquitaine and Paris Basins, and 325 net producing oil wells and 3.0 net producing gas wells in France.
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