Insider Buying: Valeura Energy Inc. (TSE:VLE) Director Acquires 20,000 Shares of Stock

Valeura Energy Inc. (TSE:VLE) Director William Sean Guest bought 20,000 shares of the business’s stock in a transaction dated Friday, December 16th. The stock was bought at an average cost of C$1.58 per share, for a total transaction of C$31,600.00.

Valeura Energy Trading Up 0.4 %

TSE VLE opened at C$4.85 on Thursday. Valeura Energy Inc. has a 12 month low of C$1.57 and a 12 month high of C$5.00. The stock has a market cap of C$501.01 million, a P/E ratio of 2.06 and a beta of 0.82. The stock’s fifty day moving average price is C$3.79 and its 200-day moving average price is C$3.38. The company has a current ratio of 1.43, a quick ratio of 3.37 and a debt-to-equity ratio of 40.90.

Wall Street Analysts Forecast Growth

Separately, Cormark raised Valeura Energy from a “buy” rating to a “top pick” rating and increased their target price for the stock from C$9.00 to C$10.00 in a research note on Wednesday, February 21st.

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 incorporated in 2000 and is headquartered in Calgary, Canada.