Valeura Energy (TSE:VLE) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Valeura Energy Inc. (TSE:VLEGet Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$5.85 and traded as high as C$7.82. Valeura Energy shares last traded at C$7.52, with a volume of 270,820 shares traded.

Valeura Energy Price Performance

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$493.13 million, a price-to-earnings ratio of 5.91 and a beta of 0.81. The stock has a 50-day moving average price of C$7.43 and a two-hundred day moving average price of C$5.85.

Insider Transactions at Valeura Energy

In other Valeura Energy 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 transaction of C$770,200.00. 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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