Royal Vopak (OTCMKTS:VOPKY) Sets New 52-Week High – Here’s Why

Shares of Royal Vopak (OTCMKTS:VOPKY) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $56.66 and last traded at $56.66, with a volume of 123 shares. The stock had previously closed at $54.49.

Royal Vopak Stock Performance

The firm has a 50 day simple moving average of $48.21 and a two-hundred day simple moving average of $46.67. The stock has a market cap of $6.53 billion, a P/E ratio of 9.55 and a beta of 0.69.

Royal Vopak (OTCMKTS:VOPKY) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $1.09 EPS for the quarter. Royal Vopak had a return on equity of 13.25% and a net margin of 46.75%.The company had revenue of $379.27 million for the quarter. As a group, equities research analysts predict that Royal Vopak will post 3.68 EPS for the current year.

About Royal Vopak

Royal Vopak is a global independent tank storage company specializing in the handling and storage of liquid and gaseous products. Its core business activities include the safe and efficient storage of crude oil, refined petroleum products, natural gas liquids, chemicals, liquefied natural gas (LNG) and liquefied petroleum gas (LPG). The company offers value-added services such as heating, blending, pumping and vapor recovery to support its customers’ supply chain needs.

Founded in 1999 through the merger of storage activities from major oil companies, Royal Vopak has grown into a market leader in terminal management.