Insider Selling: Valeura Energy Inc. (TSE:VLE) Director Sells C$540,350.00 in Stock

Valeura Energy Inc. (TSE:VLEGet Free Report) Director James D. Mcfarland sold 100,000 shares of the company’s stock in a transaction that occurred on Monday, June 17th. The shares were sold at an average price of C$5.40, for a total transaction of C$540,350.00.

James D. Mcfarland also recently made the following trade(s):

  • On Tuesday, April 2nd, James D. Mcfarland sold 95,000 shares of Valeura Energy stock. The shares were sold at an average price of C$4.91, for a total transaction of C$466,450.00.

Valeura Energy Stock Down 3.5 %

Shares of VLE stock opened at C$4.92 on Friday. The company has a market capitalization of C$510.01 million, a price-to-earnings ratio of 54.67 and a beta of 0.88. The company has a debt-to-equity ratio of 21.98, a current ratio of 1.46 and a quick ratio of 3.37. The company’s fifty day moving average price is C$5.37 and its 200-day moving average price is C$4.26. Valeura Energy Inc. has a one year low of C$1.57 and a one year high of C$6.10.

Valeura Energy (TSE:VLEGet Free Report) last posted its quarterly earnings results on Thursday, May 9th. The company reported C$0.24 EPS for the quarter, beating analysts’ consensus estimates of C$0.19 by C$0.05. Valeura Energy had a return on equity of 10.97% and a net margin of 5.19%. The business had revenue of C$201.42 million for the quarter, compared to analysts’ expectations of C$234.19 million. Sell-side analysts expect that Valeura Energy Inc. will post 0.5466667 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on VLE shares. Cormark lifted their target price on Valeura Energy from C$11.50 to C$12.00 in a research report on Tuesday, April 16th. Canaccord Genuity Group set a C$9.50 price objective on Valeura Energy and gave the stock a “buy” rating in a research note on Monday, May 13th.

Read Our Latest Report on VLE

About Valeura Energy

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Valeura Energy (TSE:VLE)

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