Valeura Energy (TSE:VLE) Reaches New 52-Week High – Should You Buy?

Valeura Energy Inc. (TSE:VLEGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as C$8.43 and last traded at C$8.32, with a volume of 173008 shares. The stock had previously closed at C$8.24.

Valeura Energy Stock Up 2.9 %

The company has a debt-to-equity ratio of 25.27, a current ratio of 1.91 and a quick ratio of 3.37. The business has a 50 day moving average price of C$7.27 and a 200 day moving average price of C$5.70. The firm has a market capitalization of C$556.08 million, a P/E ratio of 6.66 and a beta of 0.81.

Insider Transactions at Valeura Energy

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 transaction of C$770,200.00. 18.32% of the stock is currently owned by corporate insiders.

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.

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