Valeura Energy (TSE:VLE) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Valeura Energy Inc. (TSE:VLEGet Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$7.28 and traded as high as C$7.64. Valeura Energy shares last traded at C$7.60, with a volume of 897,334 shares.

Valeura Energy Trading Up 1.5%

The company has a debt-to-equity ratio of 25.27, a current ratio of 1.91 and a quick ratio of 3.37. The company’s fifty day moving average is C$7.26 and its 200-day moving average is C$7.28. The stock has a market cap of C$498.38 million, a PE ratio of 5.97 and a beta of 0.81.

About Valeura Energy

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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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