Vallourec S.A. (OTCMKTS:VLOWY) Sees Large Decrease in Short Interest

Vallourec S.A. (OTCMKTS:VLOWY) was the target of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 300 shares, a decline of 92.5% from the May 15th total of 4,000 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 40,400 shares, the short-interest ratio is currently 0.0 days.

Vallourec Price Performance

VLOWY stock opened at $3.67 on Thursday. The company has a market capitalization of $4.30 billion, a P/E ratio of 10.49 and a beta of 1.72. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.04 and a current ratio of 1.79. Vallourec has a 52-week low of $2.84 and a 52-week high of $4.24. The business has a 50-day simple moving average of $3.71 and a two-hundred day simple moving average of $3.74.

Vallourec (OTCMKTS:VLOWY) last released its quarterly earnings results on Thursday, May 15th. The energy company reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $1.04 billion during the quarter. Vallourec had a return on equity of 16.77% and a net margin of 9.28%. Research analysts expect that Vallourec will post 0.36 EPS for the current fiscal year.

Vallourec Dividend Announcement

The business also recently declared a dividend, which will be paid on Thursday, June 26th. Shareholders of record on Monday, May 26th will be paid a dividend of $0.2546 per share. The ex-dividend date is Friday, May 23rd. This represents a yield of 6.36%. Vallourec’s dividend payout ratio (DPR) is currently 65.79%.

About Vallourec

Vallourec SA, through its subsidiaries, provides tubular solutions for the oil and gas, industry, and energy markets in Europe, North America, South America, Asia, the Middle East, and internationally. It operates through Tubes; Mine & Forests; and Holding Companies & Other segments. The company offers seamless tubes for refineries, petrochemical facilities, and floating liquefied natural gas plants, as well as production, storage, and offloading units; VAM connections; rigid subsea line pipes and onshore rigid line pipes; and carbon steel and steel alloy tubes, hollow bars, and connections.