Valeura Energy (TSE:VLE) Shares Up 3.8% – What’s Next?

Valeura Energy Inc. (TSE:VLEGet Free Report) shares shot up 3.8% during trading on Friday . The stock traded as high as C$13.56 and last traded at C$13.44. 287,755 shares were traded during trading, a decline of 48% from the average session volume of 556,543 shares. The stock had previously closed at C$12.95.

Valeura Energy Price Performance

The firm has a fifty day simple moving average of C$13.33 and a 200 day simple moving average of C$10.22. The company has a market capitalization of C$1.42 billion, a PE ratio of 63.71 and a beta of -1.02. 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:VLEGet Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported C$0.07 earnings per share (EPS) for the quarter. Valeura Energy had a return on equity of 3.40% and a net margin of 3.59%.The business had revenue of C$135.87 million for the quarter. Equities analysts anticipate that Valeura Energy Inc. will post 0.4117109 EPS for the current year.

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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