Valeura Energy (TSE:VLE) Sets New 1-Year Low at $0.74

Valeura Energy Inc. (TSE:VLE) hit a new 52-week low on Monday . The stock traded as low as C$0.74 and last traded at C$0.79, with a volume of 332947 shares changing hands. The stock had previously closed at C$0.82.

Separately, Royal Bank of Canada dropped their price objective on Valeura Energy from C$8.00 to C$3.50 in a report on Monday, October 21st.

The stock has a market capitalization of $77.93 million and a price-to-earnings ratio of -7.68. The company has a debt-to-equity ratio of 0.12, a quick ratio of 7.56 and a current ratio of 7.81. The company has a fifty day simple moving average of C$2.48 and a two-hundred day simple moving average of C$2.45.

Valeura Energy (TSE:VLE) last announced its quarterly earnings data on Monday, August 12th. The company reported C($0.02) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of C($0.02). The company had revenue of C$3.27 million during the quarter. As a group, equities analysts anticipate that Valeura Energy Inc. will post -0.07 earnings per share for the current year.

Valeura Energy Company Profile (TSE:VLE)

Valeura Energy Inc engages in the exploration, development, and production of petroleum and natural gas properties in Turkey. The company has interests in various oil and gas properties primarily located in the Thrace Basin located in northwest Turkey. As of December 31, 2017, it had interests in 91 gross producing wells.

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