Cormark Increases Valeura Energy (TSE:VLE) Price Target to C$12.00

Valeura Energy (TSE:VLE) had its price target hoisted by Cormark from C$11.50 to C$12.00 in a research note issued to investors on Tuesday, BayStreet.CA reports.

Valeura Energy Stock Performance

TSE VLE opened at C$5.74 on Tuesday. The company has a 50-day simple moving average of C$4.37 and a two-hundred day simple moving average of C$3.65. Valeura Energy has a 12-month low of C$1.57 and a 12-month high of C$5.90. The firm has a market cap of C$592.94 million, a price-to-earnings ratio of 2.41 and a beta of 0.82. The company has a quick ratio of 3.37, a current ratio of 1.35 and a debt-to-equity ratio of 25.91.

Insider Activity at Valeura Energy

In other Valeura Energy news, Director James D. Mcfarland sold 95,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 2nd. The stock was sold at an average price of C$4.91, for a total value of C$466,450.00. 18.91% of the stock is currently owned by company insiders.

About Valeura Energy

Valeura Energy Inc, together with its subsidiaries, engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey. The company was founded in 2010 and is headquartered in Singapore.