Valeura Energy Inc. (TSE:VLE - Get Free Report) dropped 4.7% during mid-day trading on Thursday . The stock traded as low as C$4.02 and last traded at C$4.06. Approximately 31,380 shares were traded during trading, a decline of 92% from the average daily volume of 382,519 shares. The stock had previously closed at C$4.26.
Wall Street Analysts Forecast Growth
Separately, Cormark upgraded shares of Valeura Energy to a "strong-buy" rating in a research note on Monday.
Get Our Latest Stock Analysis on VLE
Valeura Energy Stock Performance
The stock has a 50 day moving average of C$4.61 and a 200 day moving average of C$4.87. The company has a quick ratio of 3.37, a current ratio of 1.82 and a debt-to-equity ratio of 13.13. The firm has a market cap of C$430.93 million, a price-to-earnings ratio of 8.22 and a beta of 0.86.
Valeura Energy (TSE:VLE - Get Free Report) last released its earnings results on Thursday, August 8th. The company reported C$0.14 earnings per share for the quarter, missing the consensus estimate of C$0.21 by C($0.07). The business had revenue of C$202.86 million for the quarter. Valeura Energy had a return on equity of 17.48% and a net margin of 8.50%. As a group, analysts anticipate that Valeura Energy Inc. will post 0.4137623 EPS for the current fiscal year.
Insider Transactions at Valeura Energy
In related news, Senior Officer Yacine Ben-Meriem purchased 7,000 shares of the firm's stock in a transaction dated Friday, August 9th. The stock was bought at an average price of C$4.46 per share, with a total value of C$31,227.00. Company insiders own 18.32% of the company's stock.
Valeura Energy Company Profile
(
Get Free Report)
Valeura Energy Inc, together with its subsidiaries, engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey. The company was founded in 2010 and is headquartered in Singapore.
Recommended Stories
Before you consider Valeura Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Valeura Energy wasn't on the list.
While Valeura Energy currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
