Vallourec (OTCMKTS:VLOWY) Shares Down 5.7% – Should You Sell?

Vallourec SA (OTCMKTS:VLOWY) shares fell 5.7% during mid-day trading on Monday . The stock traded as low as $4.30 and last traded at $4.30. 242,516 shares changed hands during trading, an increase of 710% from the average session volume of 29,937 shares. The stock had previously closed at $4.56.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group assumed coverage on shares of Vallourec in a research report on Monday, December 15th. They set a “buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. Based on data from MarketBeat, Vallourec presently has an average rating of “Strong Buy”.

Vallourec Stock Performance

The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.27 and a current ratio of 2.13. The firm has a market cap of $5.26 billion, a P/E ratio of 12.32 and a beta of 0.36. The company’s 50 day moving average is $3.97 and its 200 day moving average is $3.84.

Vallourec (OTCMKTS:VLOWY) last announced its quarterly earnings results on Friday, November 14th. The energy company reported $0.12 earnings per share (EPS) for the quarter. The company had revenue of $1.06 billion during the quarter. Vallourec had a net margin of 11.05% and a return on equity of 17.25%. As a group, equities analysts predict that Vallourec SA will post 0.36 earnings per share for the current fiscal year.

Vallourec Company Profile

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.