Vital Energy (CVE:VUX) Trading Down 18.9% – Time to Sell?

Vital Energy Inc. (CVE:VUX)’s stock price fell 18.9% during trading on Wednesday . The stock traded as low as C$0.21 and last traded at C$0.22. 1,500 shares changed hands during trading, a decline of 94% from the average session volume of 26,275 shares. The stock had previously closed at C$0.27.

Vital Energy Trading Down 18.9 %

The company has a debt-to-equity ratio of 64.87, a current ratio of 0.54 and a quick ratio of 1.30. The company has a market cap of C$17.78 million, a PE ratio of -5.38 and a beta of 0.47. The firm’s 50 day moving average is C$0.25 and its 200 day moving average is C$0.27.

Vital Energy Company Profile

Vital Energy Inc, a junior oil and gas company, engages in the acquisition, exploration, and development of crude oil and natural gas in Western Canada. The company holds interest in the Gull Lake and Pennant projects located in the SW Saskatchewan area; Sullivan Lake and Baxter Lake projects located in the East Central Alberta area; the Pembina property and the Ante Creek property located in the West Central Alberta area; and Lampman and Steelman projects located in the SE Saskatchewan.