Vallourec (OTCMKTS:VLOWY) Share Price Crosses Below 50-Day Moving Average of $3.38

Shares of Vallourec S.A. (OTCMKTS:VLOWY) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $3.38 and traded as low as $3.06. Vallourec shares last traded at $3.06, with a volume of 2,128 shares.

Vallourec Stock Performance

The company has a quick ratio of 1.27, a current ratio of 2.08 and a debt-to-equity ratio of 0.58. The business has a 50-day moving average price of $3.37 and a 200-day moving average price of $3.37. The firm has a market capitalization of $3.52 billion, a price-to-earnings ratio of 8.74 and a beta of 1.72.

Vallourec (OTCMKTS:VLOWY) last released its earnings results on Friday, July 26th. The energy company reported $0.10 earnings per share (EPS) for the quarter. Vallourec had a return on equity of 17.51% and a net margin of 8.83%. The firm had revenue of $1.17 billion for the quarter. As a group, sell-side analysts forecast that Vallourec S.A. will post 0.45 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.