Valeura Energy Inc. (TSE:VLE – Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$3.73 and traded as high as C$5.70. Valeura Energy shares last traded at C$5.62, with a volume of 283,255 shares changing hands.
Wall Street Analyst Weigh In
Separately, Cormark upped their price target on Valeura Energy from C$11.50 to C$12.00 in a research report on Tuesday, April 16th.
Get Our Latest Stock Report on VLE
Valeura Energy Stock Performance
Valeura Energy (TSE:VLE – Get Free Report) last posted its quarterly earnings data on Tuesday, March 26th. The company reported C$0.32 earnings per share for the quarter. The company had revenue of C$231.34 million for the quarter. Valeura Energy had a net margin of 56.16% and a return on equity of 156.29%. Equities analysts anticipate that Valeura Energy Inc. will post 1.38 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Valeura Energy 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 value of C$466,450.00. In other news, Director James D. Mcfarland sold 95,000 shares of the 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 stock in a transaction that occurred on Tuesday, April 16th. The shares were 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.
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