Valeura Energy (TSE:VLE) Shares Down 4.3% – Here’s What Happened

Shares of Valeura Energy Inc. (TSE:VLE) traded down 4.3% on Monday . The stock traded as low as C$11.45 and last traded at C$11.70. 83,916 shares changed hands during trading, a decline of 85% from the average session volume of 555,346 shares. The stock had previously closed at C$12.22.

Valeura Energy Stock Down 5.2%

The stock has a fifty day moving average price of C$13.43 and a two-hundred day moving average price of C$10.49. The company has a market cap of C$1.23 billion, a price-to-earnings ratio of 89.08 and a beta of -1.02. The company has a quick ratio of 3.37, a current ratio of 2.24 and a debt-to-equity ratio of 12.91.

Valeura Energy (TSE:VLE) last released its quarterly earnings results on Thursday, May 14th. The company reported C$0.07 EPS for the quarter. Valeura Energy had a net margin of 2.55% and a return on equity of 2.21%. The business had revenue of C$135.87 million for the quarter. As a group, sell-side analysts expect that Valeura Energy Inc. will post 0.4117109 EPS for the current year.

About Valeura Energy

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.