Laredo Petroleum, Inc. (NYSE:LPI) recently ticked higher on strong volume. About 11895536 contracts were traded on 02-May-19 compared to daily average volume of 6375840 shares. The first sale was made at $3.02 but later the stock became weaker, and closed with a gain of 12.46%. It was last traded at $3.34 apiece.Laredo Petroleum, Inc. (LPI): Hold Candidate With 29.34% Upside Potential
Laredo Petroleum, Inc. is maintained at an average hold rating by 15 stock analysts, and there are at least 15.54% of shares outstanding that are currently legally short sold. The shares went up by 9.87% in value last month. Year-to-date it plunged -7.73%. Analysts are turning out to be more pessimistic than before, with 2 of analysts who cover Laredo Petroleum, Inc. (NYSE:LPI) advice adding it to buy candidate list. Wall Street experts also assign a $4.32 price target on Laredo Petroleum, Inc., pointing towards a 29.34% rally from current levels. The stock is trading for about -70.11% less than its 52-week high.
Laredo Petroleum, Inc. (LPI) remained unsuccessful in beating the consensus-estimated $0.24 as it actually earned $0.16 per share in its last reported financial results. Revenue, on the other hand, scored -16.97% growth from the previous quarter, coming up with $178.75 million.LPI Adds 1.21% In A Week
This company shares (LPI) so far managed to recover 19.29% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 7.68% while widening the period to a month, volatility was 6.02%. The share price has already crossed its 20 days moving average, floating at a distance of 6.47% and sits 4.43% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned 1.21% gains and is down by -38.16% compared with its 200-day moving average of $4.0046. Also, Laredo Petroleum, Inc. (LPI) needs to overturn a -69.44% decrease it experienced over the past twelve months.
As regular trading ended, VAALCO Energy, Inc. (EGY) stock brought in a -$0.15 drop to $2.16. The day started at a price of $2.35 but then traded as high as $2.35 before giving part of the gains back. As for this week, analysts appear content to stick with their bright outlook with the consensus call at 0. VAALCO Energy, Inc. sank -36.09% from their peak of $3.38 and now has a $132.9 million market value of equity.VAALCO Energy, Inc. (EGY) Returns 46.94% This Year
The company had seen its current volume reaching at 521122 shares in the last trade. That compares with the recent volume average of 366340. At the close of regular trading, its last week’s stock price volatility was 5.11% which for the month reaches 6.78%. VAALCO Energy, Inc. dipped to as low as $2.22 throughout the day and has returned 46.94% in this year. At one point in the past year, the shares traded as low as $0.97 but has recovered 122.68% since then. [T4]