Valeura Energy (TSE:VLE) Hits New 52-Week High – Here’s What Happened

Shares of Valeura Energy Inc. (TSE:VLEGet Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$8.21 and last traded at C$8.16, with a volume of 413780 shares. The stock had previously closed at C$7.92.

Valeura Energy Stock Down 2.1 %

The firm has a fifty day simple moving average of C$6.57 and a 200-day simple moving average of C$5.27. The company has a market capitalization of C$858.65 million, a PE ratio of 16.39 and a beta of 0.81. The company has a debt-to-equity ratio of 13.13, a quick ratio of 3.37 and a current ratio of 1.82.

Insider Buying and Selling

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

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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