Valeura Energy (TSE:VLE) Trading Down 2.7%

Shares of Valeura Energy Inc. (TSE:VLE) traded down 2.7% during mid-day trading on Tuesday . The stock traded as low as C$4.24 and last traded at C$4.26. 87,487 shares were traded during mid-day trading, a decline of 78% from the average session volume of 393,051 shares. The stock had previously closed at C$4.38.

Valeura Energy Stock Performance

The company has a debt-to-equity ratio of 13.13, a quick ratio of 3.37 and a current ratio of 1.82. The firm’s 50 day moving average is C$4.60 and its 200-day moving average is C$4.84. The firm has a market cap of C$444.83 million, a price-to-earnings ratio of 8.49 and a beta of 0.86.

Valeura Energy (TSE:VLE) last released its earnings results on Thursday, August 8th. The company reported C$0.14 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.21 by C($0.07). The firm had revenue of C$202.86 million for the quarter. Valeura Energy had a return on equity of 17.48% and a net margin of 8.50%. Sell-side analysts anticipate that Valeura Energy Inc. will post 0.3507926 earnings per share for the current fiscal year.

Insider Activity

In related news, Director James D. Mcfarland sold 100,000 shares of the stock in a transaction dated Monday, June 17th. The shares were sold at an average price of C$5.40, for a total value of C$540,350.00. In other news, Director James D. Mcfarland sold 100,000 shares of the firm’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. Also, Senior Officer Yacine Ben-Meriem acquired 7,000 shares of the company’s stock in a transaction dated Friday, August 9th. The shares were purchased at an average cost of C$4.46 per share, with a total value of C$31,227.00. 18.32% of the stock is owned by company insiders.

About Valeura Energy

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.