Vallourec (OTCMKTS:VLOWY – Get Free Report) issued its earnings results on Thursday. The energy company reported $0.04 earnings per share for the quarter, Zacks reports. Vallourec had a return on equity of 15.40% and a net margin of 9.45%.
Vallourec Trading Up 1.2%
VLOWY stock traded up $0.06 during midday trading on Thursday, hitting $4.94. The company had a trading volume of 41,301 shares, compared to its average volume of 98,077. The stock has a market cap of $5.80 billion, a price-to-earnings ratio of 14.97 and a beta of 0.43. Vallourec has a 52 week low of $3.44 and a 52 week high of $6.65. The company has a current ratio of 2.43, a quick ratio of 1.58 and a debt-to-equity ratio of 0.34. The stock’s 50 day moving average price is $5.22 and its 200 day moving average price is $5.04.
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.
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