Vallourec (OTCMKTS:VLOWY) Shares Gap Down – Here’s What Happened

Shares of Vallourec SA (OTCMKTS:VLOWYGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $4.94, but opened at $4.61. Vallourec shares last traded at $4.7976, with a volume of 3,565 shares changing hands.

Vallourec Stock Performance

The business’s 50-day simple moving average is $5.16 and its two-hundred day simple moving average is $5.07. The company has a quick ratio of 1.58, a current ratio of 2.43 and a debt-to-equity ratio of 0.34. The firm has a market cap of $5.95 billion, a price-to-earnings ratio of 15.38 and a beta of 0.50.

Vallourec (OTCMKTS:VLOWYGet Free Report) last posted its earnings results on Thursday, July 30th. The energy company reported $0.04 EPS for the quarter. Vallourec had a return on equity of 15.20% and a net margin of 9.49%.The firm had revenue of $1.03 billion for the quarter.

About Vallourec

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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.

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