Valeura Energy (TSE:VLE) Hits New 1-Year High – Should You Buy?

Valeura Energy Inc. (TSE:VLE)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as C$8.00 and last traded at C$7.96, with a volume of 435340 shares trading hands. The stock had previously closed at C$7.99.

Wall Street Analyst Weigh In

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

Valeura Energy Stock Performance

The company has a debt-to-equity ratio of 13.13, a quick ratio of 3.37 and a current ratio of 1.82. The company has a market capitalization of C$847.95 million, a PE ratio of 16.18 and a beta of 0.81. The company has a 50 day moving average price of C$6.18 and a 200 day moving average price of C$5.10.

About Valeura Energy

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.