What’s in VAALCO Energy, Inc. (EGY) After Making 52-Week High?

June 17, 2018 - By Stephen Andrade

Investors sentiment increased to 1 in Q1 2018. Its up 0.11, from 0.89 in 2017Q4. It increased, as 6 investors sold VAALCO Energy, Inc. shares while 10 reduced holdings. 4 funds opened positions while 12 raised stakes. 19.66 million shares or 0.02% more from 19.66 million shares in 2017Q4 were reported.
The New Jersey-based Jacobs Levy Equity Inc has invested 0% in VAALCO Energy, Inc. (NYSE:EGY). 3.03 million were accumulated by Tieton Cap Mgmt Limited. Blackrock stated it has 1.26M shares. Guggenheim Capital Lc invested 0% of its portfolio in VAALCO Energy, Inc. (NYSE:EGY). Northern Trust Corporation invested in 0% or 170,848 shares. Macquarie Grp Limited reported 0% in VAALCO Energy, Inc. (NYSE:EGY). Utd Service Automobile Association holds 0% of its portfolio in VAALCO Energy, Inc. (NYSE:EGY) for 10,701 shares. Deutsche Comml Bank Ag stated it has 375,074 shares or 0% of all its holdings. Panagora Asset Mgmt accumulated 0% or 63,619 shares. Bridgeway Capital owns 268,800 shares. Fort Point Cap Prtn Limited Liability reported 25,910 shares. Boothbay Fund Mgmt Ltd Liability Corp stated it has 34,300 shares or 0% of all its holdings. Vanguard Gru holds 1.92M shares. 90 were reported by Morgan Stanley. Geode Ltd Liability Corp reported 276,975 shares or 0% of all its holdings.

The stock of VAALCO Energy, Inc. (NYSE:EGY) hit a new 52-week high and has $2.69 target or 4.00 % above today’s $2.59 share price. The 7 months bullish chart indicates low risk for the $152.58 million company. The 1-year high was reported on Jun, 17 by Barchart.com. If the $2.69 price target is reached, the company will be worth $6.10 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 10.69% or $0.31 during the last trading session, reaching $2.59. About 2.61 million shares traded or 160.77% up from the average. VAALCO Energy, Inc. (NYSE:EGY) has risen 100.99% since June 17, 2017 and is uptrending. It has outperformed by 88.42% the S&P500.

More news for VAALCO Energy, Inc. (NYSE:EGY) were recently published by: Streetinsider.com, which released: “VAALCO Energy (EGY) Regains Compliance With NYSE Continued Listing Standard, Provides Operational Update” on June 04, 2018. Seekingalpha.com‘s article titled: “Vaalco Energy Regains NYSE Full Compliance” and published on June 06, 2018 is yet another important article.

VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces natural gas and crude oil in the United States. The company has market cap of $152.58 million. The firm conducts exploration activities as a non-operator in Equatorial Guinea, West Africa. It has a 16.29 P/E ratio. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa; and undeveloped leasehold acreage in Montana.

VAALCO Energy, Inc. (NYSE:EGY) Institutional Positions Chart

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