Koninklijke Vopak N.V., publicly traded under ‘VPK.AS’, is a Dutch provider of storage and handling services for oil, gas, chemicals, and other products. The company’s stock price has risen 3.0426% over the past 24 hours and its current market capitalization stands at $3.82 bln as of February 3, 2023 - up from the previous day’s $3.65 bln and a day low of $2.84 bln on February 1, 2023.
Koninklijke Vopak N.V.’s current share price of €30.48 stands approximately 8% higher than its 50-day average of €28.29 and 16% above its 200-day average of €24.39 - both positive indicators of the stock’s upward trajectory in recent months and years. Furthermore, the company’s market cap has been consistently rising since January 1st 2023 with an increase of 8%. This suggests that the company is in good financial health despite a slight decline in overall earnings per share (EPS) from €1.8 to €1.7 between 2020 and 2021 respectively, suggesting that Koninklijke Vopak N.V.’s strong cash flow allows it to maintain its current market position and remain competitive in their respective industry segment .
The company also boasts 125416000 outstanding shares with an exchange rate on AMS exchange which have been fluctuating around 5%. Overall it can be concluded that Koninklijke Vopak N.V., is currently making solid gains in terms of stock prices with steady growth in market capitalization - suggesting that their financial situation is healthy and secure for the foreseeable future based on their current market standing as well as long term growth prospects which should lead to further increases in investor confidence moving forward.
