Valeura Energy (TSE:VLE) Hits New 52-Week High – What’s Next?

Valeura Energy Inc. (TSE:VLE)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as C$8.00 and last traded at C$7.96, with a volume of 435340 shares changing hands. The stock had previously closed at C$7.99.

Analyst Ratings Changes

Separately, Cormark upgraded Valeura Energy to a “strong-buy” rating in a research report on Monday, September 23rd.

Valeura Energy Stock Performance

The stock’s 50-day moving average is C$6.18 and its 200 day moving average is C$5.10. The stock has a market cap of C$847.95 million, a price-to-earnings ratio of 16.18 and a beta of 0.81. The company has a debt-to-equity ratio of 13.13, a current ratio of 1.82 and a quick ratio of 3.37.

Valeura Energy Company Profile

Valeura Energy Inc, together with its subsidiaries, engages in the exploration, development, and production of petroleum and natural gas in Thailand and in Turkey. The company was founded in 2010 and is headquartered in Singapore.