Vitesse Energy, Inc. (NYSE:VTS – Get Free Report)’s stock price traded up 2.7% on Monday . The stock traded as high as $24.13 and last traded at $24.01. 161,840 shares changed hands during trading, a decline of 29% from the average session volume of 228,010 shares. The stock had previously closed at $23.38.
Vitesse Energy Trading Down 0.4 %
The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $679.12 million, a P/E ratio of -30.47 and a beta of -0.09. The business has a 50 day moving average price of $22.81 and a 200 day moving average price of $22.58.
Vitesse Energy (NYSE:VTS – Get Free Report) last announced its quarterly earnings results on Monday, February 26th. The company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.07). Vitesse Energy had a negative net margin of 9.22% and a negative return on equity of 2.89%. The company had revenue of $69.30 million during the quarter, compared to the consensus estimate of $63.83 million. Analysts anticipate that Vitesse Energy, Inc. will post 1.27 EPS for the current year.
Vitesse Energy Dividend Announcement
Institutional Trading of Vitesse Energy
Hedge funds have recently bought and sold shares of the stock. GoodHaven Capital Management LLC grew its stake in shares of Vitesse Energy by 13.8% during the 3rd quarter. GoodHaven Capital Management LLC now owns 265,635 shares of the company’s stock worth $6,080,000 after acquiring an additional 32,211 shares in the last quarter. Ancora Advisors LLC grew its stake in shares of Vitesse Energy by 144.7% during the 3rd quarter. Ancora Advisors LLC now owns 108,969 shares of the company’s stock worth $2,494,000 after acquiring an additional 64,444 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Vitesse Energy during the 3rd quarter worth approximately $1,205,000. Swiss National Bank grew its stake in shares of Vitesse Energy by 8.2% during the 3rd quarter. Swiss National Bank now owns 53,844 shares of the company’s stock worth $1,232,000 after acquiring an additional 4,100 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new position in shares of Vitesse Energy in the third quarter valued at $1,068,000. 51.63% of the stock is currently owned by institutional investors and hedge funds.
Vitesse Energy Company Profile
Vitesse Energy, Inc, together with its subsidiaries, engages in the acquisition, development, and production of non-operated oil and natural gas properties in the United States. It owns and acquires non-operated working interest and royalty interest ownership in the Williston Basin properties located in North Dakota and Montana.
Further Reading
- Five stocks we like better than Vitesse Energy
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- United Airlines Soars on Earnings Beat
- Stock Dividend Cuts Happen Are You Ready?
- J.B. Hunt Hits the Skids: Lower Prices to Come
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Predicting a Bear Market: 7 Signs and Why it’s Tough to Do
Receive News & Ratings for Vitesse Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vitesse Energy and related companies with MarketBeat.com's FREE daily email newsletter.