Valeura Energy (TSE:VLE) Shares Cross Above 200 Day Moving Average – Time to Sell?

Valeura Energy Inc. (TSE:VLEGet Free Report)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$6.04 and traded as high as C$7.50. Valeura Energy shares last traded at C$7.41, with a volume of 155,219 shares.

Valeura Energy Stock Up 1.3 %

The stock’s fifty day moving average is C$7.55 and its two-hundred day moving average is C$6.05. 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 firm has a market cap of C$492.48 million, a P/E ratio of 5.90 and a beta of 0.81.

Insider Buying and Selling

In other news, Director James D. Mcfarland sold 100,000 shares of the stock in a transaction on Friday, January 17th. The shares were 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 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.

Recommended Stories

Receive News & Ratings for Valeura Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valeura Energy and related companies with MarketBeat.com's FREE daily email newsletter.