Vallourec SA (OTCMKTS:VLOWY) Short Interest Update

Vallourec SA (OTCMKTS:VLOWYGet Free Report) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 4,139 shares, a decline of 85.4% from the March 15th total of 28,279 shares. Based on an average daily volume of 80,747 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Vallourec Stock Performance

Shares of VLOWY traded down $0.06 on Friday, reaching $5.39. 17,181 shares of the stock traded hands, compared to its average volume of 37,562. The stock’s 50-day moving average price is $4.70 and its 200-day moving average price is $4.15. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.50. The firm has a market cap of $6.32 billion, a price-to-earnings ratio of 16.84 and a beta of 0.31. Vallourec has a 12 month low of $3.26 and a 12 month high of $5.70.

Vallourec (OTCMKTS:VLOWYGet Free Report) last issued its earnings results on Friday, February 27th. The energy company reported $0.09 EPS for the quarter. Vallourec had a return on equity of 15.10% and a net margin of 9.40%.The firm had revenue of $1.21 billion during the quarter. Equities analysts forecast that Vallourec will post 0.36 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, The Goldman Sachs Group started coverage on Vallourec in a report on Monday, December 15th. They issued a “buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Strong Buy”.

Read Our Latest Report on VLOWY

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.

Further Reading

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