Vital Energy (CVE:VUX) Trading 4.5% Higher – Here’s Why

Vital Energy Inc. (CVE:VUXGet Free Report) shares traded up 4.5% during trading on Wednesday . The company traded as high as C$0.23 and last traded at C$0.23. 3,000 shares were traded during mid-day trading, a decline of 89% from the average session volume of 27,506 shares. The stock had previously closed at C$0.22.

Vital Energy Price Performance

The company has a market capitalization of C$19.02 million, a price-to-earnings ratio of -5.75 and a beta of 0.47. The company has a current ratio of 0.54, a quick ratio of 1.30 and a debt-to-equity ratio of 64.87. The company has a 50 day moving average price of C$0.25 and a 200 day moving average price of C$0.27.

About Vital Energy

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Vital Energy Inc, a junior oil and gas company, engages in the acquisition, exploration, and development of crude oil and natural gas in Western Canada. The company holds interest in the Gull Lake and Pennant projects located in the SW Saskatchewan area; Sullivan Lake and Baxter Lake projects located in the East Central Alberta area; the Pembina property and the Ante Creek property located in the West Central Alberta area; and Lampman and Steelman projects located in the SE Saskatchewan.

Further Reading

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