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 Tuesday . The stock had previously closed at $5.91, but opened at $5.5350. Vallourec shares last traded at $5.59, with a volume of 20,058 shares changing hands.

Vallourec Trading Down 5.2%

The firm has a market capitalization of $6.57 billion, a PE ratio of 16.97 and a beta of 0.41. The company’s 50-day simple moving average is $5.73 and its 200 day simple moving average is $4.78. The company has a quick ratio of 1.58, a current ratio of 2.43 and a debt-to-equity ratio of 0.34.

Vallourec (OTCMKTS:VLOWYGet Free Report) last released its quarterly earnings results on Wednesday, May 13th. The energy company reported $0.08 EPS for the quarter. The business 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%.

Vallourec Company Profile

(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.

See Also

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.