VAALCO Energy (LON:EGY) Trading Down 5.7% – Here’s What Happened

Posted by Eileen French on Feb 19th, 2025

VAALCO Energy, Inc. (LON:EGY – Get Free Report) dropped 5.7% during mid-day trading on Tuesday . The company traded as low as GBX 330 ($4.16) and last traded at GBX 330 ($4.16). Approximately 1,964 shares were traded during mid-day trading, an increase of 113% from the average daily volume of 924 shares. The stock had previously closed at GBX 350 ($4.42).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group cut their price target on VAALCO Energy from GBX 700 ($8.83) to GBX 685 ($8.64) and set a “buy” rating on the stock in a research report on Wednesday, November 13th.

Check Out Our Latest Stock Report on EGY

VAALCO Energy Stock Performance

The stock has a market cap of £342.34 million, a PE ratio of 540.98 and a beta of 1.17. The firm’s 50-day moving average is GBX 377.82 and its 200 day moving average is GBX 445.21. The company has a debt-to-equity ratio of 17.57, a quick ratio of 0.74 and a current ratio of 1.19.

VAALCO Energy Company Profile

(Get Free Report)

VAALCO, founded in 1985, is a Houston, USA based, independent energy company with production, development and exploration assets in the West African region.

The Company is an established operator within the region, holding a 31.1% working interest in the Etame Marin block, located offshore Gabon, which to date has produced over 110 MMBBL of crude oil and of which the Company holds operational control.