Valeura Energy (TSE:VLE) Hits New 1-Year High – Still a Buy?

Shares of Valeura Energy Inc. (TSE:VLE) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$8.00 and last traded at C$7.96, with a volume of 435340 shares. The stock had previously closed at C$7.99.

Analysts Set New Price Targets

Separately, Cormark raised Valeura Energy to a “strong-buy” rating in a report on Monday, September 23rd.

Valeura Energy Stock Down 0.3 %

The firm has a market cap of C$847.95 million, a price-to-earnings ratio of 16.18 and a beta of 0.81. The firm’s 50 day moving average price is C$6.30 and its two-hundred day moving average price is C$5.15. The company has a debt-to-equity ratio of 13.13, a current ratio of 1.82 and a quick ratio of 3.37.

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.