Vallourec (OTCMKTS:VLOWY) Trading 6.3% Higher – What’s Next?

Vallourec SA (OTCMKTS:VLOWYGet Free Report) shares shot up 6.3% during mid-day trading on Tuesday . The stock traded as high as $5.40 and last traded at $5.38. Approximately 28,623 shares traded hands during trading, a decline of 74% from the average daily volume of 111,232 shares. The stock had previously closed at $5.06.

Vallourec Price Performance

The company has a market capitalization of $6.31 billion, a PE ratio of 16.30 and a beta of 0.41. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.43 and a quick ratio of 1.58. The stock’s 50 day simple moving average is $5.75 and its 200-day simple moving average is $4.83.

Vallourec (OTCMKTS:VLOWYGet Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The energy company reported $0.08 earnings per share for the quarter. The firm had revenue of $1.14 billion during the quarter. Vallourec had a net margin of 9.45% and a return on equity of 15.40%.

About Vallourec

(Get Free Report)

Vallourec is a global leader in the design, manufacturing and distribution of premium tubular solutions for the oil and gas, power generation, industrial and construction markets. Headquartered in Saint-Saulve, France, the company specializes in seamless steel pipes and associated services that support exploration, drilling, production and infrastructure projects around the world.

The company’s product portfolio encompasses drill pipes, casing and tubing, line pipe as well as mechanical and cold-rolled precision tubes.

Featured Articles

Receive News & Ratings for Vallourec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vallourec and related companies with MarketBeat.com's FREE daily email newsletter.