Insider Buying: Valeura Energy (TSE:VLE) Insider Acquires 2,300 Shares of Stock

by · The Markets Daily

Valeura Energy Inc. (TSE:VLE – Get Free Report) insider Grzegorz Jacek Kulawski purchased 2,300 shares of the company’s stock in a transaction dated Thursday, October 23rd. The stock was purchased at an average price of C$6.57 per share, for a total transaction of C$15,111.00. Following the completion of the purchase, the insider owned 206,490 shares in the company, valued at approximately C$1,356,639.30. The trade was a 1.13% increase in their ownership of the stock.

Grzegorz Jacek Kulawski also recently made the following trade(s):

  • On Thursday, October 23rd, Grzegorz Jacek Kulawski acquired 1,800 shares of Valeura Energy stock. The shares were purchased at an average price of C$6.58 per share, with a total value of C$11,844.00.
  • On Thursday, October 23rd, Grzegorz Jacek Kulawski bought 900 shares of Valeura Energy stock. The stock was purchased at an average cost of C$6.55 per share, for a total transaction of C$5,895.00.
  • On Thursday, October 23rd, Grzegorz Jacek Kulawski purchased 100 shares of Valeura Energy stock. The shares were purchased at an average price of C$6.54 per share, with a total value of C$654.00.

Valeura Energy Stock Performance

Shares of TSE VLE traded up C$0.60 during midday trading on Friday, hitting C$7.14. 624,389 shares of the company’s stock traded hands, compared to its average volume of 335,369. The firm has a fifty day moving average of C$6.87 and a 200 day moving average of C$7.42. Valeura Energy Inc. has a 1 year low of C$5.11 and a 1 year high of C$9.45. The company has a debt-to-equity ratio of 25.27, a quick ratio of 3.37 and a current ratio of 1.91. The stock has a market capitalization of C$758.46 million, a price-to-earnings ratio of 3.38 and a beta of -3.76.

Wall Street Analyst Weigh In

Separately, Cormark upgraded shares of Valeura Energy to a “moderate buy” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Valeura Energy presently has an average rating of “Buy”.

View Our Latest Research Report on Valeura Energy

Valeura Energy Company Profile

(Get Free Report)

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.

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