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

Key Points

• Vallourec's stock price gapped down from $3.78 to $3.67 before trading on Wednesday, closing at $3.95 with a trading volume of 956 shares.
• Analysts have a generally positive outlook on Vallourec, with Sanford C. Bernstein recently upgrading its rating to "strong-buy."
• The company reported earnings of $0.04 per share for its last quarter, with expectations set for a total of $0.36 earnings per share for the current fiscal year.

Vallourec SA (OTCMKTS:VLOWY - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $3.78, but opened at $3.67. Vallourec shares last traded at $3.95, with a volume of 956 shares.

Analyst Ratings Changes

Separately, Sanford C. Bernstein raised Vallourec to a "strong-buy" rating in a report on Monday, July 21st. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the stock has an average rating of "Strong Buy".

Vallourec Price Performance

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 market cap of $4.31 billion, a price-to-earnings ratio of 11.50 and a beta of 1.67. The stock has a fifty day moving average of $3.76 and a 200 day moving average of $3.75.

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

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