Vallourec (OTCMKTS:VLOWY) Stock Price Up 4.6% – Still a Buy?

Vallourec SA (OTCMKTS:VLOWY)’s share price was up 4.6% during trading on Tuesday. The stock traded as high as $4.31 and last traded at $4.31. 611 shares changed hands during trading, a decline of 99% from the average daily volume of 101,744 shares. The stock had previously closed at $4.12.

Vallourec Stock Up 1.3%

The stock has a market capitalization of $5.64 billion, a PE ratio of 12.85 and a beta of 0.49. The firm’s fifty day moving average is $4.33 and its 200-day moving average is $5.01. The company has a quick ratio of 1.37, a current ratio of 2.14 and a debt-to-equity ratio of 0.27.

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

Vallourec Company Profile

Vallourec is a France-based manufacturer and provider of premium tubular solutions. The company primarily produces seamless steel tubes and related products for the energy industry, including oil and natural gas exploration and production, drilling, well construction and completion. Its offerings are designed for demanding applications such as high-pressure, high-temperature and corrosive environments.

In addition to serving the oil and gas sector, Vallourec supplies tubes and tubular solutions for industrial applications, including power generation, mechanical engineering and other specialized markets.