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Valeura Energy (TSE:VLE) Shares Cross Above 200 Day Moving Average - Here's What Happened

Valeura Energy logo with Energy background
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Valeura Energy Inc. (TSE:VLE - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$5.94 and traded as high as C$7.02. Valeura Energy shares last traded at C$7.00, with a volume of 371,301 shares changing hands.

Valeura Energy Stock Up 2.5 %

The stock's fifty day moving average is C$7.54 and its 200 day moving average is C$5.98. The company has a current ratio of 1.91, a quick ratio of 3.37 and a debt-to-equity ratio of 25.27. The company has a market capitalization of C$463.62 million, a P/E ratio of 5.55 and a beta of 0.81.

Insider Buying and Selling at Valeura Energy

In other Valeura Energy news, Director James D. Mcfarland sold 100,000 shares of the business's stock in a transaction on Friday, January 17th. The shares were sold at an average price of C$7.70, for a total transaction of C$770,200.00. Insiders own 18.32% of the company's stock.

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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