Vital Energy (CVE:VUX) Shares Down 7.5% – Should You Sell?

Vital Energy Inc. (CVE:VUX) traded down 7.5% on Thursday . The stock traded as low as C$0.18 and last traded at C$0.19. 37,100 shares changed hands during mid-day trading, an increase of 45% from the average session volume of 25,507 shares. The stock had previously closed at C$0.20.

Vital Energy Stock Down 7.5 %

The stock has a fifty day moving average price of C$0.24 and a 200-day moving average price of C$0.25. The firm has a market cap of C$15.30 million, a PE ratio of -4.63 and a beta of 0.47. The company has a debt-to-equity ratio of 64.87, a quick ratio of 1.30 and a current ratio of 0.54.

About Vital Energy

Vital Energy Inc, a junior oil and gas company, engages in the acquisition, exploration, and development of crude oil and natural gas in Western Canada. The company holds interest in the Gull Lake and Pennant projects located in the SW Saskatchewan area; Sullivan Lake and Baxter Lake projects located in the East Central Alberta area; the Pembina property and the Ante Creek property located in the West Central Alberta area; and Lampman and Steelman projects located in the SE Saskatchewan.