Vallourec (OTCMKTS:VLOWY) Shares Gap Up – What’s Next?

Vallourec SA (OTCMKTS:VLOWY) shares gapped up prior to trading on Friday . The stock had previously closed at $4.8390, but opened at $5.0640. Vallourec shares last traded at $4.97, with a volume of 14,411 shares changing hands.

Analyst Ratings Changes

Separately, The Goldman Sachs Group initiated coverage on shares of Vallourec in a research report on Monday, December 15th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to data from MarketBeat, Vallourec currently has a consensus rating of “Strong Buy”.

Vallourec Trading Up 0.5%

The stock has a market capitalization of $5.90 billion, a P/E ratio of 15.74 and a beta of 0.27. The business has a 50 day simple moving average of $4.52 and a 200-day simple moving average of $4.05. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.27 and a current ratio of 2.13.

Vallourec (OTCMKTS:VLOWY) last posted its quarterly earnings data on Friday, February 27th. The energy company reported $0.09 EPS for the quarter. The company had revenue of $1.21 billion for the quarter. Vallourec had a return on equity of 15.16% and a net margin of 9.40%. On average, analysts predict that Vallourec SA will post 0.36 EPS for the current year.

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.