Vallourec SA (OTCMKTS:VLOWY) Short Interest Update

Key Points

• Short interest in Vallourec SA surged by 2,202.8% in August, reaching a total of 165,800 shares as of August 15th, significantly up from July's 7,200 shares.
• The company's stock price fell by 2.5% to $3.54, with a 1-year low of $2.84 and a high of $4.24.
• Analysts have a consensus rating of "Strong Buy" for Vallourec, with expectations of $0.36 EPS for the current fiscal year.

Vallourec SA (OTCMKTS:VLOWY - Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 15th, there was short interest totaling 165,800 shares, agrowthof2,202.8% from the July 31st total of 7,200 shares. Based on an average daily volume of 51,000 shares, the short-interest ratio is presently 3.3 days. Based on an average daily volume of 51,000 shares, the short-interest ratio is presently 3.3 days.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein raised shares of Vallourec to a "strong-buy" rating in a research report on Monday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the company presently has a consensus rating of "Strong Buy".

Vallourec Price Performance

Shares of OTCMKTS VLOWY remained flat at $3.50 during trading hours on Friday. 14,018 shares of the company traded hands, compared to its average volume of 50,285. The firm has a market capitalization of $4.10 billion, a P/E ratio of 10.94 and a beta of 1.82. Vallourec has a 1 year low of $2.84 and a 1 year high of $4.24. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.25 and a current ratio of 2.09. The firm's 50 day simple moving average is $3.80 and its two-hundred day simple moving average is $3.77.

Vallourec (OTCMKTS:VLOWY - Get Free Report) last posted its quarterly earnings results on Friday, July 25th. The energy company reported $0.04 EPS for the quarter. Vallourec had a net margin of 9.42% and a return on equity of 14.57%. The firm had revenue of $979.19 million for the quarter. As a group, equities analysts anticipate that Vallourec will post 0.36 earnings per share for the current fiscal 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.