Valeura Energy (TSE:VLE) Hits New 52-Week High – Time to Buy?

Valeura Energy Inc. (TSE:VLEGet Free Report) hit a new 52-week high on Friday . The stock traded as high as C$8.63 and last traded at C$8.46, with a volume of 247769 shares. The stock had previously closed at C$8.42.

Valeura Energy Trading Down 0.8 %

The company has a debt-to-equity ratio of 25.27, a quick ratio of 3.37 and a current ratio of 1.91. The stock has a market capitalization of C$547.56 million, a PE ratio of 6.56 and a beta of 0.81. The business’s 50-day moving average is C$7.60 and its two-hundred day moving average is C$6.25.

Insider Activity at Valeura Energy

In other news, Director James D. Mcfarland sold 100,000 shares of the company’s stock in a transaction on Friday, January 17th. The shares were sold at an average price of C$7.70, for a total transaction of C$770,200.00. 18.32% of the stock is 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.

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