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Valeura Energy (TSE:VLE) Share Price Crosses Above 200 Day Moving Average - Should You Sell?

Valeura Energy logo with Energy background

Valeura Energy Inc. (TSE:VLE - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$7.28 and traded as high as C$7.64. Valeura Energy shares last traded at C$7.60, with a volume of 897,334 shares traded.

Valeura Energy Price Performance

The business's 50-day simple moving average is C$7.28 and its 200-day simple moving average is C$7.28. The stock has a market cap of C$518.71 million, a PE ratio of 6.21 and a beta of 0.81. The company has a quick ratio of 3.37, a current ratio of 1.91 and a debt-to-equity ratio of 25.27.

About Valeura Energy

(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.

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