Royal Vopak (OTCMKTS:VOPKY) Hits New 12-Month High – Here’s Why

Shares of Royal Vopak (OTCMKTS:VOPKYGet Free Report) hit a new 52-week high on Monday . The company traded as high as $51.19 and last traded at $49.42, with a volume of 498 shares changing hands. The stock had previously closed at $46.05.

Royal Vopak Price Performance

The firm’s 50-day moving average price is $45.72 and its 200-day moving average price is $46.17. The company has a market cap of $5.70 billion, a price-to-earnings ratio of 10.91 and a beta of 0.72.

About Royal Vopak

(Get Free Report)

Royal Vopak is a global independent tank storage company specializing in the handling and storage of liquid and gaseous products. Its core business activities include the safe and efficient storage of crude oil, refined petroleum products, natural gas liquids, chemicals, liquefied natural gas (LNG) and liquefied petroleum gas (LPG). The company offers value-added services such as heating, blending, pumping and vapor recovery to support its customers’ supply chain needs.

Founded in 1999 through the merger of storage activities from major oil companies, Royal Vopak has grown into a market leader in terminal management.

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