Valeura Energy (LON:VLU) Receives “Buy” Rating from Canaccord Genuity

Canaccord Genuity reissued their buy rating on shares of Valeura Energy (LON:VLU) in a report released on Monday, Digital Look reports. The firm currently has a GBX 570 ($7.45) price objective on the stock.

Valeura Energy stock opened at GBX 170 ($2.22) on Monday. Valeura Energy has a 12 month low of GBX 125 ($1.63) and a 12 month high of GBX 180 ($2.35). The company has a current ratio of 4.11, a quick ratio of 4.02 and a debt-to-equity ratio of 0.14. The firm has a 50 day moving average price of GBX 139.70.

Valeura Energy Company Profile

Valeura Energy Inc, together with its subsidiaries, engages in the exploration, development, and production of petroleum and natural gas in Turkey. As of December 31, 2018, it had interests in 20 exploration licenses and production leases comprising approximately 0.46 million gross acres in the Thrace Basin of Turkey.

Further Reading: Golden Cross

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