Vital Energy (CVE:VUX) Trading Down 14.8% – Here’s Why

Vital Energy Inc. (CVE:VUX)’s stock price traded down 14.8% during mid-day trading on Wednesday . The stock traded as low as C$0.23 and last traded at C$0.23. 2,500 shares changed hands during trading, a decline of 91% from the average session volume of 26,959 shares. The stock had previously closed at C$0.27.

Vital Energy Stock Performance

The business has a 50-day simple moving average of C$0.25 and a 200 day simple moving average of C$0.27. The company has a debt-to-equity ratio of 64.87, a current ratio of 0.54 and a quick ratio of 1.30. The firm has a market cap of C$19.02 million, a PE ratio of -5.75 and a beta of 0.47.

About Vital Energy

Vital Energy Inc, a junior oil and gas company, engages in the acquisition, exploration, and development of crude oil and natural gas in Western Canada. The company holds interest in the Gull Lake and Pennant projects located in the SW Saskatchewan area; Sullivan Lake and Baxter Lake projects located in the East Central Alberta area; the Pembina property and the Ante Creek property located in the West Central Alberta area; and Lampman and Steelman projects located in the SE Saskatchewan.