Vallourec SA (OTCMKTS:VLOWY – Get Free Report) shares rose 17.8% on Wednesday . The company traded as high as $5.99 and last traded at $5.98. 31,602 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 100,979 shares. The stock had previously closed at $5.0750.
Vallourec Stock Up 17.8%
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 company has a market capitalization of $7.02 billion, a PE ratio of 18.12 and a beta of 0.50. The business’s 50 day simple moving average is $5.16 and its 200 day simple moving average is $5.07.
Vallourec (OTCMKTS:VLOWY – Get Free Report) last released its earnings results on Thursday, July 30th. The energy company reported $0.04 earnings per share for the quarter. Vallourec had a net margin of 9.49% and a return on equity of 15.20%. The business had revenue of $1.03 billion for the quarter.
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.
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