Insider Selling: Valeura Energy Inc. (TSE:VLE) Director Sells C$5,520,000.00 in Stock

Valeura Energy Inc. (TSE:VLE) Director William Sean Guest sold 1,000,000 shares of the firm’s stock in a transaction on Tuesday, April 16th. The shares were sold at an average price of C$5.52, for a total value of C$5,520,000.00.

Valeura Energy Trading Up 0.5 %

TSE VLE opened at C$5.82 on Friday. The stock has a market capitalization of C$601.21 million, a price-to-earnings ratio of 2.45 and a beta of 0.82. Valeura Energy Inc. has a one year low of C$1.57 and a one year high of C$6.10. The company has a debt-to-equity ratio of 25.91, a current ratio of 1.35 and a quick ratio of 3.37. The business’s fifty day moving average is C$4.52 and its 200-day moving average is C$3.69.

Valeura Energy (TSE:VLE) last released its earnings results on Tuesday, March 26th. The company reported C$0.32 EPS for the quarter. The company had revenue of C$231.34 million for the quarter. Valeura Energy had a return on equity of 156.29% and a net margin of 56.16%. Equities research analysts predict that Valeura Energy Inc. will post 1.38 EPS for the current year.

Analysts Set New Price Targets

Separately, Cormark lifted their target price on Valeura Energy from C$11.50 to C$12.00 in a research note on Tuesday.

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.