Valeura Energy (TSE:VLE) Price Target Raised to C$12.00 at Cormark

Valeura Energy (TSE:VLE) had its price target boosted by Cormark from C$11.50 to C$12.00 in a research report report published on Tuesday morning, BayStreet.CA reports.

Valeura Energy Price Performance

Valeura Energy stock opened at C$5.79 on Tuesday. The firm has a market capitalization of C$598.11 million, a P/E ratio of 2.43 and a beta of 0.82. Valeura Energy has a 1 year low of C$1.57 and a 1 year high of C$6.10. The business has a 50-day moving average of C$4.47 and a 200-day moving average of C$3.68. The company has a current ratio of 1.35, a quick ratio of 3.37 and a debt-to-equity ratio of 25.91.

Insider Activity at Valeura Energy

In related news, Director William Sean Guest sold 1,000,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 16th. The stock was sold at an average price of C$5.52, for a total value of C$5,520,000.00. In other news, Director James D. Mcfarland sold 95,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 2nd. The stock was sold at an average price of C$4.91, for a total transaction of C$466,450.00. Also, Director William Sean Guest sold 1,000,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The stock was sold at an average price of C$5.52, for a total value of C$5,520,000.00. 18.91% of the stock is owned by insiders.

Valeura Energy Company Profile

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.