Valeura Energy (TSE:VLE) Director Timothy Nicholas Chapman Sells 40,000 Shares of Stock

Valeura Energy Inc. (TSE:VLE – Get Free Report) Director Timothy Nicholas Chapman sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, October 19th. The stock was sold at an average price of C$16.55, for a total transaction of C$662,000.00. Following the transaction, the director directly owned 14,149 shares of the company’s stock, valued at C$234,165.95. This trade represents a 73.87% decrease in their position.

Valeura Energy Trading Up 1.3%

TSE:VLE traded up C$0.22 during trading hours on Wednesday, reaching C$17.09. 196,173 shares of the company were exchanged, compared to its average volume of 484,165. The firm has a market cap of C$1.81 billion, a price-to-earnings ratio of 29.47 and a beta of -1.41. The stock has a 50 day simple moving average of C$15.03 and a 200 day simple moving average of C$12.59. Valeura Energy Inc. has a 52-week low of C$6.13 and a 52-week high of C$17.62. The company has a debt-to-equity ratio of 11.22, a current ratio of 2.78 and a quick ratio of 3.37.

Analyst Ratings Changes

A number of equities research analysts have issued reports on VLE shares. ATB Cormark Capital Markets boosted their price target on Valeura Energy from C$18.50 to C$19.50 and gave the company an “outperform” rating in a research report on Thursday, September 17th. Roth Capital upgraded Valeura Energy to a “strong-buy” rating in a report on Tuesday, September 22nd. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of C$19.50.

View Our Latest Stock Report on VLE

Valeura Energy Company Profile

(Get Free Report)

Valeura Energy Inc is a Canadian public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and Türkiye. The Company is executing a growth-oriented strategy, reinvesting into its producing asset portfolio while deploying capital toward further organic and inorganic growth across Southeast Asia. Valeura is committed to delivering value-accretive growth for all stakeholders, underpinned by high standards of environmental, social and governance responsibility.

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