Vallourec (OTCMKTS:VLOWY) Sees Strong Trading Volume - Here's What Happened

Key Points

• Vallourec SA shares experienced a large volume increase on Monday with approximately 22,447 shares traded, reflecting a slight decline from the previous session's volume.
• Wall Street analysts have given Vallourec a "strong-buy" rating, indicating confidence in the stock's potential growth, supported by an average rating of "Strong Buy" from multiple analysts.
• The company reported a net margin of 9.42% and earnings of $0.04 per share for the last quarter, with revenue reaching $979.19 million.

Shares of Vallourec SA (OTCMKTS:VLOWY - Get Free Report) saw strong trading volume on Monday . 22,447 shares were traded during trading, a decline of 1% from the previous session's volume of 22,697 shares.The stock last traded at $3.68 and had previously closed at $3.70.

Analyst Ratings Changes

Separately, Sanford C. Bernstein upgraded 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 MarketBeat, the company has an average rating of "Strong Buy".

Vallourec Stock Performance

The stock has a market capitalization of $4.23 billion, a price-to-earnings ratio of 11.28 and a beta of 1.82. 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 stock has a 50-day moving average of $3.76 and a 200 day moving average of $3.75.

Vallourec (OTCMKTS:VLOWY - Get Free Report) last released its earnings results on Friday, July 25th. The energy company reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $979.19 million for the quarter. Vallourec had a net margin of 9.42% and a return on equity of 14.57%. On average, analysts expect that Vallourec SA will post 0.36 EPS 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.