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Valeura Energy (TSE:VLE) Shares Cross Above Two Hundred Day Moving Average - What's Next?

Valeura Energy logo with Energy background

Valeura Energy Inc. (TSE:VLE - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$6.65 and traded as high as C$6.97. Valeura Energy shares last traded at C$6.86, with a volume of 182,059 shares traded.

Valeura Energy Trading Down 2.4 %

The firm has a market capitalization of C$449.85 million, a price-to-earnings ratio of 5.39 and a beta of 0.81. 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 firm's 50 day moving average is C$7.54 and its 200 day moving average is C$6.65.

Valeura Energy Company Profile

(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.

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