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Valeura Energy (TSE:VLE) Stock Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Valeura Energy logo with Energy background

Valeura Energy Inc. (TSE:VLE - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$4.93 and traded as high as C$6.65. Valeura Energy shares last traded at C$6.60, with a volume of 105,803 shares.

Analysts Set New Price Targets

Separately, Cormark raised Valeura Energy to a "strong-buy" rating in a report on Monday, September 23rd.

Get Our Latest Report on VLE

Valeura Energy Price Performance

The company has a 50 day moving average price of C$5.50 and a 200-day moving average price of C$4.93. The company has a market cap of C$705.74 million, a price-to-earnings ratio of 13.47 and a beta of 0.81. The company has a quick ratio of 3.37, a current ratio of 1.82 and a debt-to-equity ratio of 13.13.

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.

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