Vallourec (OTCMKTS:VLOWY) Releases Earnings Results

Vallourec (OTCMKTS:VLOWY) announced its quarterly earnings data on Friday. The energy company reported $0.09 earnings per share (EPS) for the quarter, Zacks reports. Vallourec had a return on equity of 17.25% and a net margin of 11.05%.

Vallourec Stock Up 1.5%

OTCMKTS VLOWY traded up $0.07 during midday trading on Friday, hitting $4.85. 79,908 shares of the company traded hands, compared to its average volume of 37,028. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.13 and a quick ratio of 1.27. The company has a market cap of $5.68 billion, a PE ratio of 13.11 and a beta of 0.36. The company’s 50-day simple moving average is $4.19 and its 200-day simple moving average is $3.91. Vallourec has a 52 week low of $3.07 and a 52 week high of $5.05.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group assumed coverage on Vallourec in a research report on Monday, December 15th. They set a “buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Strong Buy”.

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.