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After finishing at $28.76 in the prior trading day, Vital Energy Inc (NYSE: VTLE) closed at $28.69, down -0.24%. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 1.25 million shares were traded.
Ratios:
Our goal is to gain a better understanding of VTLE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 0.78. In the meantime, Its Debt-to-Equity ratio is 0.95 whereas as Long-Term Debt/Eq ratio is at 0.92.
On July 18, 2024, Wolfe Research started tracking the stock assigning a Underperform rating and target price of $50.Wolfe Research initiated its Underperform rating on July 18, 2024, with a $50 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 08 ’24 when Denny Mark David sold 5,145 shares for $30.22 per share. The transaction valued at 155,482 led to the insider holds 26,358 shares of the business.
Hill Kathryn Anne sold 2,023 shares of VTLE for $61,135 on Oct 08 ’24. The SVP & Chief Operating Officer now owns 29,091 shares after completing the transaction at $30.22 per share. On Oct 10 ’24, another insider, Lemmerman Bryan, who serves as the EVP & CFO of the company, sold 10,000 shares for $28.54 each. As a result, the insider received 285,400 and left with 77,516 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 0.41.
Stock Price History:
Over the past 52 weeks, VTLE has reached a high of $58.30, while it has fallen to a 52-week low of $25.85. The 50-Day Moving Average of the stock is -11.38%, while the 200-Day Moving Average is calculated to be -19.88%.
Shares Statistics:
A total of 38.14M shares are outstanding, with a floating share count of 25.73M. Insiders hold about 32.56% of the company’s shares, while institutions hold 75.16% stake in the company.