Valeura Energy (TSE:VLE) Sets New 1-Year High – Still a Buy?

Valeura Energy Inc. (TSE:VLEGet Free Report)’s stock price hit a new 52-week high during trading 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 Trading Down 5.0 %

The stock has a fifty day moving average price of C$7.36 and a 200 day moving average price of C$5.78. The stock has a market cap of C$520.02 million, a PE ratio of 6.23 and a beta of 0.81. The company has a debt-to-equity ratio of 25.27, a quick ratio of 3.37 and a current ratio of 1.91.

Insider Buying and Selling at Valeura Energy

In other news, Director James D. Mcfarland sold 100,000 shares of Valeura Energy stock in a transaction on Friday, January 17th. The stock was sold at an average price of C$7.70, for a total value of C$770,200.00. Company 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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