Vallourec S.A. (OTCMKTS:VLOWY) Short Interest Down 93.3% in February

Vallourec S.A. (OTCMKTS:VLOWY) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 1,100 shares, a drop of 93.3% from the January 31st total of 16,500 shares. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is presently 0.7 days.

Vallourec Price Performance

Shares of OTCMKTS VLOWY remained flat at $3.96 during midday trading on Thursday. The stock had a trading volume of 50 shares, compared to its average volume of 5,088. The business has a fifty day moving average of $3.78 and a two-hundred day moving average of $3.41. The company has a market cap of $4.63 billion, a P/E ratio of 11.31 and a beta of 1.60. Vallourec has a fifty-two week low of $2.84 and a fifty-two week high of $4.19. The company has a quick ratio of 1.04, a current ratio of 1.79 and a debt-to-equity ratio of 0.32.

Vallourec (OTCMKTS:VLOWY) last announced its quarterly earnings results on Thursday, February 27th. The energy company reported $0.14 earnings per share for the quarter. Vallourec had a net margin of 9.28% and a return on equity of 16.77%. On average, research analysts forecast that Vallourec will post 0.36 EPS for the current year.

Vallourec Company Profile

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.