Vallourec (OTCMKTS:VLOWY) Stock Price Passes Below Fifty Day Moving Average – What’s Next?

Vallourec S.A. (OTCMKTS:VLOWY) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $3.81 and traded as low as $3.50. Vallourec shares last traded at $3.50, with a volume of 34,346 shares.

Vallourec Stock Down 1.5 %

The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.04 and a current ratio of 1.79. The firm’s fifty day simple moving average is $3.81 and its 200 day simple moving average is $3.58. The stock has a market capitalization of $4.09 billion, a price-to-earnings ratio of 10.00 and a beta of 1.43.

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