Royal Vopak (OTCMKTS:VOPKY) Trading Down 6.1% – Here’s Why

Royal Vopak (OTCMKTS:VOPKY) shares fell 6.1% during mid-day trading on Wednesday . The company traded as low as $53.21 and last traded at $53.21. 380 shares were traded during mid-day trading, a decline of 5% from the average session volume of 400 shares. The stock had previously closed at $56.66.

Royal Vopak Price Performance

The stock’s fifty day moving average price is $52.32 and its 200-day moving average price is $47.51. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market cap of $6.13 billion, a PE ratio of 8.97 and a beta of 0.69.

Royal Vopak (OTCMKTS:VOPKY) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $1.09 earnings per share (EPS) for the quarter. The business had revenue of $379.27 million during the quarter. Royal Vopak had a net margin of 46.75% and a return on equity of 12.68%. As a group, equities analysts forecast that Royal Vopak will post 3.68 EPS for the current fiscal year.

Royal Vopak Company Profile

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.