Vital Energy (CVE:VUX) Shares Down 2.4% – What’s Next?

Vital Energy Inc. (CVE:VUX) fell 2.4% during trading on Friday . The company traded as low as C$0.20 and last traded at C$0.20. 5,000 shares were traded during trading, a decline of 74% from the average session volume of 19,511 shares. The stock had previously closed at C$0.21.

Vital Energy Stock Down 2.4 %

The company has a current ratio of 0.35, a quick ratio of 1.30 and a debt-to-equity ratio of 99.86. The stock has a market capitalization of C$16.54 million, a P/E ratio of -4.07 and a beta of 0.47. The stock’s 50 day simple moving average is C$0.21 and its 200 day simple moving average is C$0.23.

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.