Valeura Energy (TSE:VLE) Trading Down 9.1% - Should You Sell?

Key Points

• Shares fell 9.1% on Friday, trading as low as C$11.03 and last at C$11.60, on volume of ~311,983 shares (about 42% below the average).
• Valeura has a market capitalization of C$1.23 billion and a high valuation (PE ratio 55.62); its 50‑day MA is C$12.71 versus the 200‑day MA of C$9.44, with the current price below the 50‑day average.
• The company reported a quarterly loss of C($0.16) EPS on C$212.9M revenue with a 3.6% net margin, analysts expect ~0.41 EPS for the year, and Valeura is focused on upstream oil & gas growth in Southeast Asia targeting near‑term cash‑flow assets.

Shares of Valeura Energy Inc. (TSE:VLE - Get Free Report) were down 9.1% on Friday . The company traded as low as C$11.03 and last traded at C$11.60. Approximately 311,983 shares were traded during trading, a decline of 42% from the average daily volume of 538,900 shares. The stock had previously closed at C$12.76.

Valeura Energy Trading Down 8.5%

The firm has a market capitalization of C$1.23 billion, a PE ratio of 55.62 and a beta of -1.15. The company's 50-day moving average price is C$12.71 and its 200-day moving average price is C$9.44. The company has a debt-to-equity ratio of 17.04, a quick ratio of 3.37 and a current ratio of 2.12.

Valeura Energy (TSE:VLE - Get Free Report) last released its quarterly earnings data on Wednesday, March 18th. The company reported C($0.16) EPS for the quarter. The business had revenue of C$212.90 million during the quarter. Valeura Energy had a net margin of 3.59% and a return on equity of 3.40%. On average, sell-side analysts expect that Valeura Energy Inc. will post 0.4117109 earnings per share for the current year.

Valeura Energy Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.