Vital Energy (CVE:VUX) Trading 4.5% Higher – What’s Next?

Vital Energy Inc. (CVE:VUX)’s stock price was up 4.5% during mid-day trading on Wednesday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 3,000 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 27,506 shares. The stock had previously closed at C$0.22.

Vital Energy Trading Up 4.5 %

The business has a 50 day moving average of C$0.25 and a 200 day moving average of C$0.27. The firm has a market capitalization of C$19.02 million, a price-to-earnings ratio of -5.75 and a beta of 0.47. The company has a debt-to-equity ratio of 64.87, a current ratio of 0.54 and a quick ratio of 1.30.

About Vital Energy

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.