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Valeura Energy (TSE:VLE) Reaches New 12-Month High - Here's What Happened

Valeura Energy logo with Energy background

Valeura Energy Inc. (TSE:VLE - Get Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as C$8.43 and last traded at C$8.32, with a volume of 173008 shares changing hands. The stock had previously closed at C$8.24.

Valeura Energy Price Performance

The company has a quick ratio of 3.37, a current ratio of 1.91 and a debt-to-equity ratio of 25.27. The business's 50-day moving average is C$7.39 and its two-hundred day moving average is C$5.81. The company has a market capitalization of C$523.30 million, a P/E ratio of 6.27 and a beta of 0.81.

Insider Activity at Valeura Energy

In related news, Director James D. Mcfarland sold 100,000 shares of the firm's stock in a transaction dated Friday, January 17th. The shares were sold at an average price of C$7.70, for a total transaction of C$770,200.00. 18.32% of the stock is owned by insiders.

About Valeura Energy

(Get Free Report)

Valeura Energy Inc is an upstream oil & gas company, with a clear strategy to add value for shareholders through growth. The Company is expanding operations organically and through acquisitions in Southeast Asia, focussing on assets with immediate or substantial near-term cash flow, with imbedded reinvestment opportunities.

Further Reading

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