Royal Vopak (OTCMKTS:VOPKY) Shares Gap Up – Here’s Why

Royal Vopak (OTCMKTS:VOPKYGet Free Report)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $48.65, but opened at $51.50. Royal Vopak shares last traded at $51.50, with a volume of 120 shares.

Royal Vopak Price Performance

The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $5.94 billion, a PE ratio of 8.71 and a beta of 0.61. The company has a 50-day moving average of $52.60 and a 200 day moving average of $48.48.

Royal Vopak (OTCMKTS:VOPKYGet Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $0.94 earnings per share for the quarter. Royal Vopak had a return on equity of 12.81% and a net margin of 45.03%.The company had revenue of $389.91 million for the quarter.

Royal Vopak Company Profile

(Get Free Report)

Royal Vopak is a global independent tank storage company specializing in the handling and storage of liquid and gaseous products. Its core business activities include the safe and efficient storage of crude oil, refined petroleum products, natural gas liquids, chemicals, liquefied natural gas (LNG) and liquefied petroleum gas (LPG). The company offers value-added services such as heating, blending, pumping and vapor recovery to support its customers’ supply chain needs.

Founded in 1999 through the merger of storage activities from major oil companies, Royal Vopak has grown into a market leader in terminal management.

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