Vital Energy (CVE:VUX) Shares Down 6.8% – Should You Sell?

Vital Energy Inc. (CVE:VUX)’s stock price dropped 6.8% during trading on Friday . The company traded as low as C$0.21 and last traded at C$0.21. Approximately 15,500 shares changed hands during trading, a decline of 33% from the average daily volume of 23,007 shares. The stock had previously closed at C$0.22.

Vital Energy Stock Down 6.8 %

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 firm has a market cap of C$16.95 million, a price-to-earnings ratio of -4.18 and a beta of 0.47. The firm’s 50 day simple moving average is C$0.21 and its two-hundred 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.