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

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

Valeura Energy Stock Performance

Shares of Valeura Energy stock opened at C$5.82 on Tuesday. The stock’s fifty day moving average is C$4.52 and its two-hundred day moving average is C$3.69. The company has a market capitalization of C$601.21 million, a PE ratio of 2.45 and a beta of 0.82. The company has a quick ratio of 3.37, a current ratio of 1.35 and a debt-to-equity ratio of 25.91. Valeura Energy has a 52 week low of C$1.57 and a 52 week high of C$6.10.

Valeura Energy (TSE:VLE) last announced its quarterly earnings data on Tuesday, March 26th. The company reported C$0.32 EPS for the quarter. The company had revenue of C$231.34 million for the quarter. Valeura Energy had a return on equity of 156.29% and a net margin of 56.16%. As a group, analysts expect that Valeura Energy will post 1.38 earnings per share for the current year.

Insider Transactions at Valeura Energy

In other news, Director William Sean Guest sold 1,000,000 shares of the stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of C$5.52, for a total transaction of C$5,520,000.00. In other news, Director James D. Mcfarland sold 95,000 shares of the stock in a transaction 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 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. Corporate insiders own 18.91% of the company’s stock.

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.