Vallourec (OTCMKTS:VLOWY) Sets New 12-Month High – Here’s Why

Vallourec S.A. (OTCMKTS:VLOWY)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $4.24 and last traded at $3.96, with a volume of 1121 shares. The stock had previously closed at $4.00.

Vallourec Trading Down 1.0 %

The business’s fifty day moving average price is $3.91 and its 200 day moving average price is $3.53. The company has a quick ratio of 1.04, a current ratio of 1.79 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $4.63 billion, a PE ratio of 11.31 and a beta of 1.42.

Vallourec (OTCMKTS:VLOWY) last released its earnings results on Thursday, February 27th. The energy company reported $0.14 EPS for the quarter. Vallourec had a net margin of 9.28% and a return on equity of 16.77%. The firm had revenue of $1.14 billion during the quarter. As a group, analysts expect that Vallourec S.A. will post 0.36 EPS for the current fiscal 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.