Valeura Energy (TSE:VLE) Upgraded at Cormark

Valeura Energy (TSE:VLE) was upgraded by Cormark to a “moderate buy” rating in a report issued on Tuesday,Zacks.com reports.

Valeura Energy Stock Up 4.3%

TSE:VLE opened at C$6.74 on Tuesday. The company has a debt-to-equity ratio of 25.27, a current ratio of 1.91 and a quick ratio of 3.37. Valeura Energy has a 1-year low of C$5.11 and a 1-year high of C$9.45. The company has a 50-day moving average of C$6.91 and a 200 day moving average of C$7.43. The firm has a market cap of C$715.97 million, a PE ratio of 3.19 and a beta of -3.76.

Valeura Energy Company Profile

Valeura Energy Inc is an upstream oil & gas company, with a clear strategy to add value for shareholders through growth. The Company is expanding operations organically and through acquisitions in Southeast Asia, focussing on assets with immediate or substantial near-term cash flow, with imbedded reinvestment opportunities.