Vallourec (OTCMKTS:VLOWY) Shares Gap Down – Here’s Why

Vallourec SA (OTCMKTS:VLOWYGet Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $5.2850, but opened at $5.03. Vallourec shares last traded at $5.1146, with a volume of 22,225 shares.

Vallourec Stock Performance

The stock has a fifty day moving average price of $5.75 and a 200 day moving average price of $4.83. The company has a current ratio of 2.43, a quick ratio of 1.58 and a debt-to-equity ratio of 0.34. The firm has a market cap of $5.99 billion, a price-to-earnings ratio of 15.48 and a beta of 0.41.

Vallourec (OTCMKTS:VLOWYGet Free Report) last posted its earnings results on Wednesday, May 13th. The energy company reported $0.08 earnings per share for the quarter. The firm had revenue of $1.14 billion during the quarter. Vallourec had a return on equity of 15.40% and a net margin of 9.45%.

Vallourec Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Vallourec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vallourec and related companies with MarketBeat.com's FREE daily email newsletter.