Free Trial

Valeura Energy (TSE:VLE) PT Set at C$9.50 by Canaccord Genuity Group

Valeura Energy logo with Energy background

Canaccord Genuity Group set a C$9.50 price target on Valeura Energy (TSE:VLE - Free Report) in a report published on Monday, BayStreet.CA reports. The firm currently has a buy rating on the stock.

Separately, Cormark upped their target price on Valeura Energy from C$11.50 to C$12.00 in a research note on Tuesday, April 16th.

Read Our Latest Stock Report on Valeura Energy

Valeura Energy Stock Performance

Shares of TSE VLE traded up C$0.18 during midday trading on Monday, reaching C$5.28. 245,466 shares of the company were exchanged, compared to its average volume of 431,731. Valeura Energy has a 1 year low of C$1.57 and a 1 year high of C$6.10. The stock has a fifty day simple moving average of C$5.00 and a 200 day simple moving average of C$3.95. The company has a current ratio of 1.35, a quick ratio of 3.37 and a debt-to-equity ratio of 25.91. The stock has a market cap of C$547.32 million, a P/E ratio of 1.61 and a beta of 0.90.

Valeura Energy (TSE:VLE - Get Free Report) last posted its quarterly earnings data on Tuesday, March 26th. The company reported C$0.32 earnings per share for the quarter. The firm had revenue of C$231.34 million for the quarter. Valeura Energy had a net margin of 56.16% and a return on equity of 156.29%. On average, research analysts forecast that Valeura Energy will post 1.323185 earnings per share for the current fiscal year.


Insider Buying and Selling at Valeura Energy

In related news, Director William Sean Guest sold 1,000,000 shares of the business's stock in a transaction dated Tuesday, April 16th. The shares were sold at an average price of C$5.52, for a total transaction of C$5,520,000.00. In other news, Director James D. Mcfarland sold 95,000 shares of the business's stock in a transaction 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. Also, Director William Sean Guest sold 1,000,000 shares of the firm's stock in a transaction dated Tuesday, April 16th. The shares were sold at an average price of C$5.52, for a total value of C$5,520,000.00. 18.63% of the stock is currently owned by corporate insiders.

About Valeura Energy

(Get Free Report)

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.

Recommended Stories

Should you invest $1,000 in Valeura Energy right now?

Before you consider Valeura Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Valeura Energy wasn't on the list.

While Valeura Energy currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

GameStop Mania: Which Meme Stocks Will Follow?
What Are Cryptocurrencies? Benefits and Risks Overview
Stock Splits: A Beginner’s Guide

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines