Valeura Energy (TSE:VLE) Hits New 12-Month High Following Analyst Upgrade

Valeura Energy Inc. (TSE:VLE)’s stock price hit a new 52-week high during mid-day trading on Wednesday after Cormark raised their price target on the stock from C$11.50 to C$12.00. The company traded as high as C$6.10 and last traded at C$6.05, with a volume of 225713 shares changing hands. The stock had previously closed at C$5.74.

Insider Buying and Selling at Valeura Energy

In other news, Director James D. Mcfarland sold 95,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 2nd. The stock was sold at an average price of C$4.91, for a total transaction of C$466,450.00. In other news, Director James D. Mcfarland sold 95,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 2nd. The stock was sold at an average price of C$4.91, for a total transaction of C$466,450.00. Also, Director William Sean Guest sold 1,000,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The stock was sold at an average price of C$5.52, for a total value of C$5,520,000.00. 18.91% of the stock is currently owned by corporate insiders.

Valeura Energy Trading Up 0.3 %

The company has a 50 day moving average of C$4.47 and a 200 day moving average of C$3.68. The company has a debt-to-equity ratio of 25.91, a quick ratio of 3.37 and a current ratio of 1.35. The stock has a market capitalization of C$598.11 million, a price-to-earnings ratio of 2.43 and a beta of 0.82.

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.