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

Vallourec SA (OTCMKTS:VLOWY)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $3.75, but opened at $3.55. Vallourec shares last traded at $3.55, with a volume of 100 shares trading hands.

Vallourec Trading Down 9.0%

The company has a debt-to-equity ratio of 0.40, a current ratio of 2.09 and a quick ratio of 1.25. The company has a market capitalization of $4.16 billion, a P/E ratio of 9.59 and a beta of 0.40. The firm has a fifty day moving average price of $3.80 and a 200-day moving average price of $3.76.

Vallourec (OTCMKTS:VLOWY) last issued its quarterly earnings results on Friday, November 14th. The energy company reported $0.12 EPS for the quarter. The business had revenue of $1.06 billion for the quarter. Vallourec had a return on equity of 17.30% and a net margin of 11.05%. On average, equities research analysts anticipate that Vallourec SA will post 0.36 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.