Royal Vopak (OTCMKTS:VOPKY) Shares Gap Up – Still a Buy?

Royal Vopak (OTCMKTS:VOPKY) shares gapped up before the market opened on Wednesday . The stock had previously closed at $49.42, but opened at $55.00. Royal Vopak shares last traded at $55.00, with a volume of 520 shares.

Royal Vopak Price Performance

The stock has a fifty day moving average price of $47.03 and a two-hundred day moving average price of $46.48. The company has a market cap of $6.45 billion, a P/E ratio of 9.44 and a beta of 0.72.

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 return on equity of 13.25% and a net margin of 46.75%. Equities analysts predict that Royal Vopak will post 3.68 earnings per share 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.