Vermilion Energy (TSE:VET) Stock Price Breaks Below Two Hundred Day Moving Average – Should You Sell?

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of C$16.13 and traded as low as C$14.79. Vermilion Energy shares last traded at C$15.00, with a volume of 3,047,582 shares trading hands.

Analyst Ratings Changes

A number of equities analysts have commented on VET shares. Desjardins set a C$16.00 price target on shares of Vermilion Energy and gave the company a “hold” rating in a research report on Friday, July 17th. TD raised their price objective on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the stock a “buy” rating in a report on Friday, July 31st. National Bank Financial lifted their target price on shares of Vermilion Energy from C$27.00 to C$28.00 and gave the company an “outperform” rating in a research note on Tuesday, October 20th. TD Securities raised Vermilion Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 22nd. Finally, BMO Capital Markets increased their price target on Vermilion Energy from C$15.00 to C$17.00 and gave the stock a “market perform” rating in a research report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$19.88.

Vermilion Energy Stock Performance

The company has a market cap of C$2.24 billion, a P/E ratio of -4.69, a price-to-earnings-growth ratio of -0.02 and a beta of 0.49. The stock has a 50 day moving average price of C$17.56 and a two-hundred day moving average price of C$16.16. 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 issued its quarterly earnings results on Wednesday, November 4th. The company reported C($0.23) earnings per share for the quarter. The firm had revenue of C$609.29 million for the quarter. Vermilion Energy had a negative return on equity of 19.54% and a negative net margin of 24.01%. On average, research analysts predict that Vermilion Energy Inc. will post 1.40 earnings per share for the current fiscal year.

Vermilion Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 29th were paid a $0.1350 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $0.54 annualized dividend and a dividend yield of 3.7%. Vermilion Energy’s payout ratio is currently -16.98%.

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.