Royal Vopak (OTCMKTS:VOPKY) Sets New 12-Month High – Here’s Why

Royal Vopak (OTCMKTS:VOPKY) shares hit a new 52-week high on Monday. The company traded as high as $59.70 and last traded at $59.70, with a volume of 105 shares trading hands. The stock had previously closed at $55.58.

Royal Vopak Stock Performance

The firm has a market capitalization of $6.88 billion, a price-to-earnings ratio of 12.44 and a beta of 0.64. The business has a fifty day moving average price of $55.48 and a 200 day moving average price of $53.51.

Royal Vopak (OTCMKTS:VOPKY) last issued its earnings results on Thursday, July 30th. The company reported $1.03 earnings per share for the quarter. The firm had revenue of $399.80 million for the quarter. Royal Vopak had a return on equity of 11.68% and a net margin of 35.60%.

About Royal Vopak

Royal Vopak N.V. is a Netherlands-based independent provider of tank storage and handling infrastructure for liquid and gaseous bulk products. The company operates terminals where customers can store, process and transfer products including chemicals, oil and refined fuels, liquefied gases, LNG, biofuels and food-related products.

Vopak’s services support supply chains connecting producers, distributors and end users. Its terminal infrastructure includes storage tanks, loading and unloading facilities, pipelines and related logistics services, with facilities located at major ports and industrial hubs.

Founded in 1616, Vopak has developed from a Dutch trading and shipping business into an international terminal operator.