Valeura Energy (TSE:VLE) Sets New 1-Year High – What’s Next?

Valeura Energy Inc. (TSE:VLE)’s stock price hit a new 52-week high on Monday . The company traded as high as C$8.21 and last traded at C$8.16, with a volume of 413780 shares trading hands. The stock had previously closed at C$7.92.

Analyst Ratings Changes

Separately, Cormark raised shares of Valeura Energy to a “strong-buy” rating in a research note on Monday, September 23rd.

Valeura Energy Trading Up 3.0 %

The company has a quick ratio of 3.37, a current ratio of 1.82 and a debt-to-equity ratio of 13.13. The stock has a market capitalization of C$872.55 million, a P/E ratio of 16.65 and a beta of 0.81. The company has a fifty day simple moving average of C$6.46 and a two-hundred day simple moving average of C$5.22.

Valeura Energy Company Profile

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.