Vallourec SA (OTCMKTS:VLOWY) Sees Significant Drop in Short Interest

Vallourec SA (OTCMKTS:VLOWY) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 5,493 shares, a decrease of 57.4% from the April 30th total of 12,889 shares. Based on an average daily volume of 67,192 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Vallourec Trading Down 4.9%

VLOWY opened at $5.62 on Friday. Vallourec has a twelve month low of $3.26 and a twelve month high of $6.65. The company has a 50-day simple moving average of $5.56 and a 200 day simple moving average of $4.63. The company has a quick ratio of 1.50, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $6.59 billion, a price-to-earnings ratio of 17.03 and a beta of 0.45.

Vallourec (OTCMKTS:VLOWY) last posted its quarterly earnings data on Wednesday, May 13th. The energy company reported $0.08 earnings per share for the quarter. Vallourec had a net margin of 9.45% and a return on equity of 15.79%. The business had revenue of $1.14 billion during the quarter.

Vallourec Company Profile

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.