Royal Vopak (OTCMKTS:VOPKY) Trading 1.4% Higher – Here’s Why

Royal Vopak (OTCMKTS:VOPKY)’s share price was up 1.4% during mid-day trading on Tuesday . The company traded as high as $53.25 and last traded at $53.25. Approximately 187 shares were traded during mid-day trading, an increase of 830% from the average session volume of 20 shares. The stock had previously closed at $52.50.

Royal Vopak Trading Up 1.4%

The business’s fifty day simple moving average is $52.03 and its 200 day simple moving average is $50.71. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.60. The stock has a market cap of $6.14 billion, a P/E ratio of 9.01 and a beta of 0.64.

Royal Vopak (OTCMKTS:VOPKY) last announced its earnings results on Wednesday, April 22nd. The company reported $0.94 earnings per share for the quarter. Royal Vopak had a net margin of 45.03% and a return on equity of 12.81%. The company had revenue of $389.91 million during the quarter.

About Royal Vopak

Royal Vopak is a global independent tank storage company specializing in the handling and storage of liquid and gaseous products. Its core business activities include the safe and efficient storage of crude oil, refined petroleum products, natural gas liquids, chemicals, liquefied natural gas (LNG) and liquefied petroleum gas (LPG). The company offers value-added services such as heating, blending, pumping and vapor recovery to support its customers’ supply chain needs.

Founded in 1999 through the merger of storage activities from major oil companies, Royal Vopak has grown into a market leader in terminal management.