Valeura Energy (TSE:VLE) Share Price Passes Above 200 Day Moving Average – What’s Next?

Valeura Energy Inc. (TSE:VLEGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$6.14 and traded as high as C$7.80. Valeura Energy shares last traded at C$7.75, with a volume of 218,211 shares changing hands.

Valeura Energy Stock Down 0.4 %

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 stock has a market cap of C$508.21 million, a P/E ratio of 6.09 and a beta of 0.81. The firm has a 50-day simple moving average of C$7.57 and a two-hundred day simple moving average of C$6.14.

Insider Activity at Valeura Energy

In other Valeura Energy 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. 18.32% of the stock is currently owned by corporate insiders.

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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