Vallourec SA (OTCMKTS:VLOWY) Short Interest Down 57.4% in May

Vallourec SA (OTCMKTS:VLOWY) saw a large decline in short interest in May. As of May 15th, there was short interest totaling 5,493 shares, a decline of 57.4% from the April 30th total of 12,889 shares. Based on an average daily trading volume, of 67,192 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Vallourec Price Performance

OTCMKTS:VLOWY traded up $0.02 during trading hours on Tuesday, hitting $5.64. The company’s stock had a trading volume of 27,285 shares, compared to its average volume of 44,610. Vallourec has a twelve month low of $3.34 and a twelve month high of $6.65. 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 stock has a fifty day simple moving average of $5.58 and a 200-day simple moving average of $4.64. The company has a market capitalization of $6.62 billion, a P/E ratio of 17.11 and a beta of 0.41.

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

About Vallourec

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.