Vallourec (OTCMKTS:VLOWY) Shares Gap Up – Here’s What Happened
by Renee Jackson · The Cerbat GemShares of Vallourec SA (OTCMKTS:VLOWY – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $5.57, but opened at $5.91. Vallourec shares last traded at $5.83, with a volume of 20,884 shares.
Vallourec Stock Performance
The company has a current ratio of 2.31, a quick ratio of 1.50 and a debt-to-equity ratio of 0.34. The firm has a 50-day simple moving average of $4.90 and a two-hundred day simple moving average of $4.26. The company has a market capitalization of $6.86 billion, a price-to-earnings ratio of 18.30 and a beta of 0.31.
Vallourec (OTCMKTS:VLOWY – Get Free Report) last issued its earnings results on Friday, February 27th. The energy company reported $0.09 earnings per share for the quarter. Vallourec had a return on equity of 15.10% and a net margin of 9.40%.The company had revenue of $1.21 billion for the quarter.
About Vallourec
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.