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

Vallourec SA (OTCMKTS:VLOWYGet Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $4.1975, but opened at $4.00. Vallourec shares last traded at $4.00, with a volume of 105 shares changing hands.

Vallourec Stock Performance

The company has a current ratio of 2.14, a quick ratio of 1.58 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $5.58 billion, a price-to-earnings ratio of 12.73 and a beta of 0.50. The company has a 50-day moving average of $4.73 and a 200-day moving average of $5.08.

Vallourec (OTCMKTS:VLOWYGet Free Report) last announced its quarterly earnings data on Thursday, July 30th. The energy company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $1.03 billion for the quarter. Vallourec had a return on equity of 14.98% and a net margin of 9.49%.

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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