Vallourec (OTCMKTS:VLOWY) Shares Gap Up – Time to Buy?

Vallourec SA (OTCMKTS:VLOWYGet Free Report)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $4.6750, but opened at $4.9640. Vallourec shares last traded at $4.95, with a volume of 1,480 shares.

Vallourec Stock Performance

The stock has a market capitalization of $5.66 billion, a P/E ratio of 14.61 and a beta of 0.43. The company has a quick ratio of 1.58, a current ratio of 2.43 and a debt-to-equity ratio of 0.34. The business has a fifty day moving average price of $5.51 and a 200-day moving average price of $4.93.

Vallourec (OTCMKTS:VLOWYGet Free Report) last released its quarterly earnings data on Wednesday, May 13th. The energy company reported $0.08 EPS for the quarter. Vallourec had a return on equity of 15.40% and a net margin of 9.45%.The company had revenue of $1.14 billion for the quarter.

About Vallourec

(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.

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