Market Recap: Vital Energy Inc. (VTLE)’s Negative Momentum, Closing at 29.29

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The closing price of Vital Energy Inc. (NYSE: VTLE) was $29.29 for the day, down -7.69% from the previous closing price of $31.73. In other words, the price has decreased by -$7.69 from its previous closing price. On the day, 1.6 million shares were traded. VTLE stock price reached its highest trading level at $30.395 during the session, while it also had its lowest trading level at $28.74.

Ratios:

Our analysis of VTLE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.51. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.61.

On July 18, 2024, Wolfe Research started tracking the stock assigning a Underperform rating and target price of $50.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 08 ’24 when Hill Kathryn Anne bought 2,023 shares for $30.22 per share.

Denny Mark David bought 5,145 shares of VTLE for $155,482 on Oct 08 ’24. On Aug 12 ’24, another insider, PIGOTT M. JASON, who serves as the President & CEO of the company, bought 2,500 shares for $37.85 each. As a result, the insider paid 94,625 and bolstered with 169,389 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VTLE now has a Market Capitalization of 1118210176 and an Enterprise Value of 2894145024. As of this moment, Vital’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.33, and their Forward P/E ratio for the next fiscal year is 3.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 0.39. Its current Enterprise Value per Revenue stands at 1.574 whereas that against EBITDA is 2.518.

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 $25.94. The 50-Day Moving Average of the stock is -11.37%, while the 200-Day Moving Average is calculated to be -33.38%.

Shares Statistics:

VTLE traded an average of 1.11M shares per day over the past three months and 1389000 shares per day over the past ten days. A total of 35.41M shares are outstanding, with a floating share count of 23.67M. Insiders hold about 38.00% of the company’s shares, while institutions hold 66.63% stake in the company. Shares short for VTLE as of 1726185600 were 7649372 with a Short Ratio of 6.89, compared to 1723680000 on 7052107. Therefore, it implies a Short% of Shares Outstanding of 7649372 and a Short% of Float of 29.49.

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