Vallourec (OTCMKTS:VLOWY) Stock Price Up 4.6% – Here’s What Happened

Vallourec SA (OTCMKTS:VLOWY) shot up 4.6% during trading on Tuesday. The company traded as high as $4.31 and last traded at $4.31. 611 shares were traded during mid-day trading, a decline of 99% from the average session volume of 101,744 shares. The stock had previously closed at $4.12.

Vallourec Price Performance

The stock has a market capitalization of $5.64 billion, a price-to-earnings ratio of 12.85 and a beta of 0.49. The company has a current ratio of 2.14, a quick ratio of 1.37 and a debt-to-equity ratio of 0.27. The company’s 50 day moving average is $4.33 and its 200 day moving average is $5.01.

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

About Vallourec

Vallourec is a France-based manufacturer and provider of premium tubular solutions. The company primarily produces seamless steel tubes and related products for the energy industry, including oil and natural gas exploration and production, drilling, well construction and completion. Its offerings are designed for demanding applications such as high-pressure, high-temperature and corrosive environments.

In addition to serving the oil and gas sector, Vallourec supplies tubes and tubular solutions for industrial applications, including power generation, mechanical engineering and other specialized markets.