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Royal Vopak (OTCMKTS:VOPKY) Trading Up 2.7% - Time to Buy?

Royal Vopak logo with Energy background

Key Points

  • Royal Vopak's shares increased by 2.7% on Wednesday, trading as high as $45.00 with a significant rise in trading volume of 673% compared to its average.
  • The company reported earnings of $1.15 per share for the last quarter, with a net margin of 37.14% and revenue of $366.03 million.
  • Royal Vopak has a market cap of $5.19 billion and a price-to-earnings ratio of 9.91, indicating potentially attractive valuations for investors.
  • MarketBeat previews top five stocks to own in October.

Royal Vopak (OTCMKTS:VOPKY - Get Free Report) shares were up 2.7% during trading on Wednesday . The company traded as high as $45.00 and last traded at $45.00. Approximately 500 shares were traded during trading, an increase of 673% from the average daily volume of 65 shares. The stock had previously closed at $43.82.

Royal Vopak Stock Up 2.7%

The firm's fifty day moving average price is $48.43 and its two-hundred day moving average price is $45.08. The stock has a market cap of $5.19 billion, a price-to-earnings ratio of 9.91 and a beta of 0.68. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.77 and a quick ratio of 0.61.

Royal Vopak (OTCMKTS:VOPKY - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $1.15 earnings per share for the quarter. Royal Vopak had a net margin of 37.14% and a return on equity of 12.16%. The company had revenue of $366.03 million for the quarter. Sell-side analysts forecast that Royal Vopak will post 3.68 earnings per share for the current fiscal year.

About Royal Vopak

(Get Free Report)

Koninklijke Vopak N.V., an independent tank storage company, stores and handles liquid chemicals, gases, and oil products to the energy and manufacturing markets worldwide. The company operates LPG and chemical gas, industrial, chemical, and oil terminals; and owns and operates specialized facilities consisting of tanks, jetties, truck loading stations, and pipelines.

Further Reading

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