Vallourec SA (OTCMKTS:VLOWY) Short Interest Down 44.0% in August

Vallourec SA (OTCMKTS:VLOWY) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 12,847 shares, a drop of 44.0% from the July 30th total of 22,960 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 299,350 shares, the short-interest ratio is currently 0.0 days.

Vallourec Price Performance

Shares of OTCMKTS VLOWY opened at $4.12 on Monday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.37 and a current ratio of 2.14. Vallourec has a fifty-two week low of $3.44 and a fifty-two week high of $6.65. The stock has a market cap of $5.48 billion, a PE ratio of 12.48 and a beta of 0.50. The stock has a fifty day moving average of $4.69 and a 200-day moving average of $5.08.

Vallourec (OTCMKTS:VLOWY) last posted its earnings results on Thursday, July 30th. The energy company reported $0.04 earnings per share for the quarter. Vallourec had a net margin of 9.49% and a return on equity of 14.98%. The business had revenue of $1.03 billion for the quarter.

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.