Vallourec (OTCMKTS:VLOWY) Releases Earnings Results

Vallourec (OTCMKTS:VLOWY) posted its quarterly earnings results on Wednesday. The energy company reported $0.08 earnings per share for the quarter, Zacks reports. Vallourec had a net margin of 9.40% and a return on equity of 15.10%.

Vallourec Price Performance

OTCMKTS:VLOWY traded up $0.49 during trading hours on Wednesday, reaching $6.36. The company had a trading volume of 15,929 shares, compared to its average volume of 41,152. 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 50-day moving average of $5.21 and a two-hundred day moving average of $4.44. Vallourec has a one year low of $3.26 and a one year high of $6.65. The firm has a market capitalization of $7.45 billion, a PE ratio of 19.88 and a beta of 0.45.

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.