Shares of Vallourec SA (OTCMKTS:VLOWY - Get Free Report) dropped 7.9% during mid-day trading on Tuesday . The company traded as low as $3.34 and last traded at $3.34. Approximately 9,755 shares traded hands during mid-day trading, a decline of 24% from the average daily volume of 12,845 shares. The stock had previously closed at $3.63.
Vallourec Stock Up 0.1%
The company has a market cap of $4.10 billion, a PE ratio of 9.20 and a beta of 1.72. The stock has a 50-day moving average of $3.73 and a 200-day moving average of $3.74. The company has a quick ratio of 1.48, a current ratio of 2.37 and a debt-to-equity ratio of 0.37.
Vallourec (OTCMKTS:VLOWY - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The energy company reported $0.07 earnings per share for the quarter. Vallourec had a return on equity of 17.16% and a net margin of 10.72%. The firm had revenue of $1.04 billion for the quarter. Sell-side analysts predict that Vallourec SA will post 0.36 earnings per share for the current fiscal year.
Vallourec Dividend Announcement
The business also recently announced a dividend, which was paid on Thursday, June 26th. Shareholders of record on Monday, May 26th were given a dividend of $0.2546 per share. The ex-dividend date was Friday, May 23rd. This represents a yield of 6.36%. Vallourec's payout ratio is presently 68.42%.
About Vallourec
(
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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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