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Valeura Energy (TSE:VLE) Share Price Passes Above Two Hundred Day Moving Average - What's Next?

Valeura Energy logo with Energy background

Shares of 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$4.89 and traded as high as C$6.80. Valeura Energy shares last traded at C$6.60, with a volume of 394,820 shares trading hands.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Research Report on VLE

Valeura Energy Price Performance

The stock has a market cap of C$690.77 million, a PE ratio of 13.18 and a beta of 0.81. The company has a debt-to-equity ratio of 13.13, a current ratio of 1.82 and a quick ratio of 3.37. The firm has a 50-day moving average of C$5.28 and a 200-day moving average of C$4.89.

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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