Royal Vopak (OTCMKTS:VOPKY) Reaches New 12-Month High – Should You Buy?

Royal Vopak (OTCMKTS:VOPKY) reached a new 52-week high during trading on Tuesday . The stock traded as high as $56.66 and last traded at $56.66, with a volume of 123 shares changing hands. The stock had previously closed at $54.49.

Royal Vopak Stock Performance

The firm has a market cap of $6.53 billion, a P/E ratio of 9.55 and a beta of 0.69. The business’s 50-day moving average is $48.67 and its two-hundred day moving average is $46.80.

Royal Vopak (OTCMKTS:VOPKY) last issued its earnings results on Wednesday, February 25th. The company reported $1.09 earnings per share (EPS) for the quarter. Royal Vopak had a net margin of 46.75% and a return on equity of 13.25%. The firm had revenue of $379.27 million for the quarter. On average, analysts anticipate that Royal Vopak will post 3.68 earnings per share for the current year.

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.