Vermilion Energy (TSE:VET) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) shares passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of C$16.37 and traded as high as C$16.75. Vermilion Energy shares last traded at C$16.66, with a volume of 585,400 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on VET shares. Desjardins set a C$16.00 target price on Vermilion Energy and gave the stock a “hold” rating in a research note on Friday, July 17th. TD upped their target price on Vermilion Energy from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. BMO Capital Markets lifted their price target on shares of Vermilion Energy from C$15.00 to C$17.00 and gave the company a “market perform” rating in a report on Friday, July 31st. Finally, TD Securities raised Vermilion Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of C$19.75.

Vermilion Energy Stock Performance

The stock has a market capitalization of C$2.55 billion, a price-to-earnings ratio of -5.74, a price-to-earnings-growth ratio of -0.02 and a beta of 0.38. The company has a 50 day simple moving average of C$16.84 and a 200-day simple moving average of C$16.37. The company has a quick ratio of 0.40, a current ratio of 1.00 and a debt-to-equity ratio of 62.68.

Vermilion Energy (TSE:VET) (NYSE:VET) last announced its quarterly earnings data on Wednesday, July 29th. The company reported C$0.86 earnings per share for the quarter. Vermilion Energy had a negative net margin of 24.01% and a negative return on equity of 19.54%. The firm had revenue of C$563.07 million for the quarter. As a group, equities research analysts expect that Vermilion Energy Inc. will post 1.3956262 EPS for the current fiscal year.

Vermilion Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 29th were issued a dividend of $0.1350 per share. This represents a $0.54 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Tuesday, September 15th. Vermilion Energy’s dividend payout ratio (DPR) is currently -18.28%.

Vermilion Energy Company Profile

Vermilion is a global gas producer that seeks to create value through the acquisition, exploration and development of liquids-rich natural gas in Canada and conventional natural gas in Europe while optimizing low-decline oil assets. Our repositioned portfolio is focused on per share value creation, with long-life assets that deliver top decile realized gas prices and enhanced capital allocation optionality. Vermilion’s priorities are health and safety, the environment, and profitability, in that order.