Vallourec (OTCMKTS:VLOWY – Get Free Report) announced its earnings results on Wednesday. The energy company reported $0.08 earnings per share for the quarter, Zacks reports. Vallourec had a net margin of 9.40% and a return on equity of 15.10%.
Vallourec Stock Performance
VLOWY stock traded up $0.63 during trading on Wednesday, reaching $6.50. The stock had a trading volume of 15,929 shares, compared to its average volume of 41,152. The stock’s 50 day moving average is $5.21 and its two-hundred day moving average is $4.44. The firm has a market cap of $7.62 billion, a PE ratio of 20.31 and a beta of 0.45. Vallourec has a 52 week low of $3.26 and a 52 week high of $6.65. The company has a current ratio of 2.31, a quick ratio of 1.50 and a debt-to-equity ratio of 0.34.
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.
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