Should You Buy VAALCO Energy, Inc. (EGY) Stock After it Has Gained 8.46% in a Week?

VAALCO Energy, Inc. (EGY) stock has risen 8.46% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

VAALCO Energy, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on EGY!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With EGY Stock Today?

VAALCO Energy, Inc. (EGY) stock has gained 4.06% while the S&P 500 is down -0.09% as of 11:29 AM on Friday, Nov 17. EGY has risen $0.17 from the previous closing price of $4.19 on volume of 758,642 shares. Over the past year the S&P 500 has risen 13.78% while EGY is down -17.89%. EGY earned $0.33 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 13.35. To see InvestorsObserver's Sentiment Score for VAALCO Energy, Inc. click here.

More About VAALCO Energy, Inc.

VAALCO Energy Inc is an independent energy company operating in the United States. It is principally engaged in the acquisition, exploration, development, and production of crude oil and natural gas. The company operates through geographical segments namely Gabon, Equatorial Guinea and Corporate and Other. Gabon segment includes Etame Field, Avouma/South Tchibala Field, Ebouri field, Southeast Etame, North and Tchibala field. It's Equatorial Guinea segment include a working interest in an undeveloped portion of a block offshore Equatorial Guinea. The company generates maximum revenue from the Gabon segment. Click Here to get the full Stock Report for VAALCO Energy, Inc. stock.