Valeura Energy (TSE:VLE) Stock Price Crosses Above 200 Day Moving Average of $2.52

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Valeura Energy Inc. (TSE:VLE) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.52 and traded as high as $3.56. Valeura Energy shares last traded at $3.51, with a volume of 184,717 shares changing hands.

The company has a current ratio of 7.81, a quick ratio of 7.56 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $295.26 million and a price-to-earnings ratio of -34.95. The firm’s 50 day simple moving average is C$2.62 and its 200-day simple moving average is C$2.52.

Valeura Energy (TSE:VLE) last announced its quarterly earnings data on Monday, August 12th. The company reported C($0.02) earnings per share (EPS) for the quarter, meeting the consensus estimate of C($0.02). The firm had revenue of C$3.27 million during the quarter. As a group, sell-side analysts forecast that Valeura Energy Inc. will post -0.07 EPS for the current fiscal year.

About Valeura Energy (TSE:VLE)

Valeura Energy Inc engages in the exploration, development, and production of petroleum and natural gas properties in Turkey. The company has interests in various oil and gas properties primarily located in the Thrace Basin located in northwest Turkey. As of December 31, 2017, it had interests in 91 gross producing wells.

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