Vallourec (OTCMKTS:VLOWY) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Vallourec S.A. (OTCMKTS:VLOWY)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $3.82 and traded as low as $3.80. Vallourec shares last traded at $3.80, with a volume of 144 shares changing hands.

Vallourec Price Performance

The company has a debt-to-equity ratio of 0.32, a current ratio of 1.79 and a quick ratio of 1.04. The stock has a market capitalization of $4.12 billion, a PE ratio of 10.06 and a beta of 1.42. The company has a 50-day moving average of $3.82 and a two-hundred day moving average of $3.44.

Vallourec (OTCMKTS:VLOWY) last released its earnings results on Thursday, February 27th. The energy company reported $0.14 earnings per share (EPS) for the quarter. Vallourec had a net margin of 9.28% and a return on equity of 16.77%. The business had revenue of $1.14 billion for the quarter. Sell-side analysts predict that Vallourec S.A. will post 0.36 EPS for the current fiscal year.

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.