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

Valeura Energy logo with Energy background

Valeura Energy Inc. (TSE:VLE - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$6.89 and traded as high as C$7.47. Valeura Energy shares last traded at C$7.46, with a volume of 191,088 shares.

Valeura Energy Trading Up 3.0%

The company has a debt-to-equity ratio of 25.27, a current ratio of 1.91 and a quick ratio of 3.37. The company has a market cap of C$519.36 million, a price-to-earnings ratio of 6.22 and a beta of 0.81. The business's 50-day simple moving average is C$7.48 and its 200-day simple moving average is C$6.95.

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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