In a filing, VAALCO Energy, Inc revealed its Chief Executive Officer Maxwell George W.M. acquired Company’s shares for reported $21060.0 on Dec 16 ’24. In the deal valued at $4.68 per share,4,500 shares were bought. As a result of this transaction, Maxwell George W.M. now holds 369,382 shares worth roughly $1.61 million.
Stifel initiated its VAALCO Energy, Inc [EGY] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including ROTH Capital’s analysts, who increased its forecast for the stock in mid April from “a Neutral” to “a Buy”. ROTH Capital also remained covering EGY and has decreased its forecast on April 12, 2021 with a “Neutral” recommendation from previously “Buy” rating. ROTH Capital started covering the stock on March 24, 2021. It rated EGY as “a Buy”.
Price Performance Review of EGY
On Friday, VAALCO Energy, Inc [NYSE:EGY] saw its stock fall -2.03% to $4.35. Over the last five days, the stock has gained 1.40%. VAALCO Energy, Inc shares have fallen nearly -0.46% since the year began. Nevertheless, the stocks have risen 1.40% over the past one year. While a 52-week high of $7.51 was reached on 01/15/25, a 52-week low of $3.96 was recorded on 02/03/25. SMA at 50 days reached $4.41, while 200 days put it at $5.64.
Levels Of Support And Resistance For EGY Stock
The 24-hour chart illustrates a support level at 4.30, which if violated will result in even more drops to 4.26. On the upside, there is a resistance level at 4.42. A further resistance level may holdings at 4.50. The Relative Strength Index (RSI) on the 14-day chart is 50.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 26.42%. Stochastics %K at 86.16% indicates the stock is a selling.
The most recent change occurred on October 18, 2019 when Canaccord Genuity began covering the stock and recommended ‘”a Buy”‘ rating along with a $2.70 price target.
