It is currently trading at $0.79 just a bit higher than $0.75, the stock’s 50 day moving average and a tad under the 200 day moving average of $0.87. The 50 day moving average was up by +5.10% whereas the 200 day moving average was down $-0.08 or -9.00%. 197K shares changed hands in the last trading session. Volume was up 6.34% over the stocks average daily volume.
Short traders are feeling a little more bullish on the company as shown by the downtick in short interest. The stock recorded a fall in short interest of -28.26% between September 29, 2017 and October 13, 2017. Short shares fell 52,516 over that period. The short-interest ratio decreased to 1.0 and the short interest percentage is 0.00% as of October 13.
A few notable investment firms have updated their holdings. Ancora Advisors, LLC expanded its holdings by buying 9,676 shares an increase of 5.4% as of 06/30/2017. Ancora Advisors, LLC currently owns 189,176 shares valued at $177,000. The total value of its holdings increased 7.3%. As of quarter end Ubs Group Ag had disposed of a total of 4,108 shares trimming its position 51.6%. The value of the investment in (EGY) decreased from $7,000 to $4,000 decreasing 42.9% for the reporting period.
Cutler Group LP trimmed its ownership by selling 32 shares a decrease of 0.9% from 06/30/2017 to 09/30/2017. Cutler Group LP controls 3,348 shares worth $2,000. The value of the position overall is down by 33.3%. As of the end of the quarter Creative Planning had sold 1,000 shares trimming its holdings by 8.7%. The value of the investment in Vaalco Energy Inc went from $11,000 to $9,000 a change of $2,000 quarter to quarter.
As of the latest earnings report the EPS was $-0.20 and is estimated to be $0.14 for the current year with 58,818,000 shares presently outstanding. Next quarter’s EPS is expected be $0.01 with next year’s EPS anticipated to be $0.10.
VAALCO Energy, Inc. (VAALCO), launched on February 28, 1989, is an independent energy company. The Company is involved in the acquisition, exploration, development and production of crude oil and natural gas. The Business’s segments include Gabon, Angola, Equatorial Guinea, the United States, and Corporate and other, which includes corporate and operations support. The Company owns producing properties and conducts exploration activities as an operator in Gabon, West Africa; conducts exploration activities as an operator in Angola, West Africa, and participates in exploration and development activities as a non-operator in Equatorial Guinea, West Africa. In the United States, it operates unconventional resource properties in North Texas and hold undeveloped leasehold acreage in Montana. It also owns minor interests in conventional production activities as a non-operator in the United States. VAALCO’s subsidiaries include VAALCO Gabon (Etame), Inc., VAALCO Production (Gabon), Inc., VAALCO Angola (Kwanza), Inc., VAALCO UK (North Sea), Ltd., VAALCO International, Inc., VAALCO Energy (EG), Inc., VAALCO Energy Mauritius (EG) Limited and VAALCO Energy (USA), Inc..