Vallourec (OTCMKTS:VLOWY) Shares Gap Down – Time to Sell?

Shares of Vallourec SA (OTCMKTS:VLOWY) gapped down prior to trading on Tuesday . The stock had previously closed at $4.35, but opened at $4.12. Vallourec shares last traded at $4.34, with a volume of 767 shares changing hands.

Analyst Ratings Changes

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

Vallourec Stock Up 1.1%

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 capitalization of $5.20 billion, a PE ratio of 12.00 and a beta of 0.39. The firm’s 50-day moving average is $3.88 and its 200 day moving average is $3.82.

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