Vallourec (OTCMKTS:VLOWY) Stock Lifted to Strong-Buy by Kepler Capital Markets

Kepler Capital Markets upgraded shares of Vallourec (OTCMKTS:VLOWY) from a hold rating to a strong-buy rating in a research note published on Monday morning,Zacks reports.

Vallourec Stock Performance

Shares of OTCMKTS:VLOWY opened at $4.33 on Monday. Vallourec has a twelve month low of $3.50 and a twelve month high of $6.65. The firm has a market cap of $5.75 billion, a PE ratio of 13.11 and a beta of 0.49. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.37 and a current ratio of 2.14. The business has a fifty day moving average of $4.31 and a 200-day moving average of $5.00.

Vallourec (OTCMKTS:VLOWY) last issued its quarterly earnings results on Thursday, July 30th. The energy company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $1.03 billion for the quarter. Vallourec had a net margin of 9.49% and a return on equity of 14.98%.

About Vallourec

Vallourec is a France-based manufacturer and provider of premium tubular solutions. The company primarily produces seamless steel tubes and related products for the energy industry, including oil and natural gas exploration and production, drilling, well construction and completion. Its offerings are designed for demanding applications such as high-pressure, high-temperature and corrosive environments.

In addition to serving the oil and gas sector, Vallourec supplies tubes and tubular solutions for industrial applications, including power generation, mechanical engineering and other specialized markets.