VAALCO Energy (LON:EGY) Stock Price Down 6.6% – Time to Sell?

by · The Cerbat Gem

Shares of VAALCO Energy, Inc. (LON:EGY – Get Free Report) were down 6.6% during mid-day trading on Thursday . The company traded as low as GBX 431.89 ($5.62) and last traded at GBX 431.89 ($5.62). Approximately 453 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 1,535 shares. The stock had previously closed at GBX 462.50 ($6.02).

VAALCO Energy Stock Down 6.6 %

The business’s fifty day simple moving average is GBX 480.44 and its 200 day simple moving average is GBX 497.02. The stock has a market cap of £448.04 million, a price-to-earnings ratio of 708.01 and a beta of 1.17. The company has a current ratio of 1.19, a quick ratio of 0.74 and a debt-to-equity ratio of 17.57.

About VAALCO Energy

(Get Free Report)

VAALCO Energy, Inc, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, and Canada. The company holds 58.8% interest in the Etame production sharing contract related to the Etame Marin block covering an area of approximately 46,200 gross acres located offshore in the Republic of Gabon in West Africa.

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