Vallourec (OTCMKTS:VLOWY) Sets New 1-Year High – Here’s Why

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

Vallourec Stock Down 1.0 %

The stock’s 50-day moving average price is $3.90 and its two-hundred day moving average price is $3.52. The company has a current ratio of 1.79, a quick ratio of 1.04 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $4.63 billion, a P/E ratio of 11.31 and a beta of 1.42.

Vallourec (OTCMKTS:VLOWY) last announced its quarterly earnings data on Thursday, February 27th. The energy company reported $0.14 earnings per share for the quarter. The business had revenue of $1.14 billion during the quarter. Vallourec had a return on equity of 16.77% and a net margin of 9.28%. As a group, research analysts expect that Vallourec S.A. will post 0.36 earnings per share 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.