How have the shares performed?
Vine Energy Inc. (VEI) saw an uptrend of 3.11% in the recent trading with $15.59 being its most recent. The current price level -3.82% lower than the highest price of $16.21 marked by the stock while trading over the past 52-weeks, whereas it is 43.69% higher than the lowest price of $10.85 the company dropped to over past 52-weeks. The latest news story on VEI appeared in Simply Wall St. under the title “Are Investors Undervaluing Vine Energy Inc. (NYSE:VEI) By 43%?” on Jun-22-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -3.82% below one month high and is +8.79% above of the lowest during that time. Looking into the simple moving average, Vine Energy Inc. (VEI)’s stock stands at a SMA-50 of $14.23 while that of 5-day is reading $15.48.
Vine Energy Inc. Earnings – What Happened With VEI
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
VEI – Vine Energy Inc. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 72.03 million. VEI does have institutional investors; and they hold 100.00% of the stock.
Vine Energy Inc. – Insider Activity and Holdings
As on Mar 30, 2021, Encompass Capital Advisors, LLC was the top most holder in Vine Energy Inc. (NYSE:VEI) with an ownership of 1.5 million shares of the company or 3.65% of the stake worth $20.61 million. The filing also reveals Zimmer Partners, LP as the second largest holder in the company with a control over 3.65% of the outstanding shares. Its stake is worth $20.61 million for having 1.5 million shares in hand.
Adage Capital Partners GP L.L.C. also came holding a key position in the company during the recent quarter and it now holds 3.46% of the outstanding shares. With this there are now 44 institutions which have possession in VEI’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Vine Energy Inc. has a debt to equity ratio of 3.13.