Vital Energy (CVE:VUX) Trading Down 7.5% – Time to Sell?

Vital Energy Inc. (CVE:VUX) fell 7.5% on Thursday . The company traded as low as C$0.18 and last traded at C$0.19. 37,100 shares traded hands during mid-day trading, an increase of 45% from the average session volume of 25,507 shares. The stock had previously closed at C$0.20.

Vital Energy Price Performance

The company has a market cap of C$15.30 million, a price-to-earnings ratio of -4.63 and a beta of 0.47. The company’s 50-day simple moving average is C$0.24 and its 200-day simple moving average is C$0.25. The company has a debt-to-equity ratio of 64.87, a current ratio of 0.54 and a quick ratio of 1.30.

Vital Energy Company Profile

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.