Vital Energy (CVE:VUX) Stock Price Down 7.5% – Here’s Why

Vital Energy Inc. (CVE:VUXGet Free Report)’s share price dropped 7.5% during mid-day trading on Thursday . The stock traded as low as C$0.18 and last traded at C$0.19. Approximately 37,100 shares were traded during trading, an increase of 45% from the average daily volume of 25,507 shares. The stock had previously closed at C$0.20.

Vital Energy Price Performance

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

About Vital Energy

(Get Free Report)

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.

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