Vallourec (OTCMKTS:VLOWY) Shares Gap Up – What’s Next?

Vallourec SA (OTCMKTS:VLOWYGet Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $4.12, but opened at $4.4240. Vallourec shares last traded at $4.41, with a volume of 3,998 shares traded.

Vallourec Price Performance

The stock’s 50 day moving average price is $4.69 and its 200-day moving average price is $5.08. The company has a quick ratio of 1.37, a current ratio of 2.14 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $5.86 billion, a PE ratio of 13.36 and a beta of 0.50.

Vallourec (OTCMKTS:VLOWYGet Free Report) last posted its quarterly earnings results on Thursday, July 30th. The energy company reported $0.04 EPS for the quarter. Vallourec had a net margin of 9.49% and a return on equity of 14.98%. The company had revenue of $1.03 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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