Vallourec (OTCMKTS:VLOWY - Get Free Report) was upgraded by investment analysts at Sanford C. Bernstein to a "strong-buy" rating in a research report issued on Monday,Zacks.com reports.
Vallourec Stock Down 3.3%
OTCMKTS:VLOWY opened at $3.92 on Monday. Vallourec has a 1-year low of $2.84 and a 1-year high of $4.24. The firm's 50-day moving average price is $3.77 and its 200-day moving average price is $3.79. The company has a market capitalization of $4.59 billion, a PE ratio of 10.30 and a beta of 1.71. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.37 and a quick ratio of 1.48.
Vallourec (OTCMKTS:VLOWY - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The energy company reported $0.07 EPS for the quarter. Vallourec had a net margin of 10.72% and a return on equity of 17.16%. The company had revenue of $1.04 billion for the quarter. On average, equities analysts predict that Vallourec will post 0.36 EPS for the current fiscal year.
About Vallourec
(
Get Free Report)
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.
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