Valeura Energy (TSE:VLE) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Valeura Energy Inc. (TSE:VLEGet Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$7.42 and traded as high as C$7.78. Valeura Energy shares last traded at C$7.48, with a volume of 146,901 shares traded.

Valeura Energy Stock Performance

The company’s 50-day moving average is C$7.48 and its two-hundred day moving average is C$7.42. The company has a market capitalization of C$490.51 million, a P/E ratio of 5.87 and a beta of 0.81. The company has a quick ratio of 3.37, a current ratio of 1.91 and a debt-to-equity ratio of 25.27.

Valeura Energy Company Profile

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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.

Further Reading

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