Free Trial

Valeura Energy (TSE:VLE) Shares Cross Above 200 Day Moving Average - What's Next?

Valeura Energy logo with Energy background

Valeura Energy Inc. (TSE:VLE - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$7.36 and traded as high as C$8.10. Valeura Energy shares last traded at C$8.03, with a volume of 175,177 shares trading hands.

Valeura Energy Stock Performance

The stock's 50 day moving average price is C$7.38 and its 200 day moving average price is C$7.36. The company has a debt-to-equity ratio of 25.27, a quick ratio of 3.37 and a current ratio of 1.91. The company has a market capitalization of C$526.58 million, a P/E ratio of 6.31 and a beta of 0.81.

Valeura Energy Company Profile

(Get Free Report)

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.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

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

Featured Articles and Offers

Recent Videos

The Drone Industry Is About to 10X—Here’s How to Profit
Why AMD Stock Beats NVIDIA Right Now
Oil Spikes Amid Rising Warfare: 3 Stocks to Watch Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines