Vallourec S.A. (OTCMKTS:VLOUF – Get Free Report) shot up 1.9% during mid-day trading on Tuesday. The stock traded as high as $20.56 and last traded at $20.56. 105 shares changed hands during trading, a decline of 65% from the average session volume of 298 shares. The stock had previously closed at $20.17.
Vallourec Stock Up 1.9%
The stock has a 50-day simple moving average of $20.98 and a 200 day simple moving average of $24.40.
Vallourec Company Profile
Vallourec is a France-based manufacturer of seamless steel tubes and related tubular solutions. The company primarily serves the energy industry, supplying products for oil and gas exploration and production, including oil country tubular goods, line pipe and premium threaded connections. Its offerings are designed for demanding applications such as high-pressure, high-temperature and offshore operations.
Vallourec also provides tubes and engineering solutions for industrial applications, including power generation, mechanical engineering and low-carbon energy markets.
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