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Vallourec (OTCMKTS:VLOWY) Shares Gap Down - What's Next?

Vallourec logo with Energy background

Shares of Vallourec SA (OTCMKTS:VLOWY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $4.08, but opened at $3.76. Vallourec shares last traded at $3.76, with a volume of 1,380 shares changing hands.

Vallourec Trading Down 3.7%

The firm has a market capitalization of $4.61 billion, a PE ratio of 10.34 and a beta of 1.71. The company's 50-day simple moving average is $3.74 and its 200 day simple moving average is $3.76. 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 EPS for the quarter. The business had revenue of $1.04 billion during the quarter. Vallourec had a net margin of 10.72% and a return on equity of 17.16%. As a group, sell-side analysts expect that Vallourec SA will post 0.36 EPS for the current year.

Vallourec Dividend Announcement

The company also recently declared 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. This represents a dividend yield of 6.36%. The ex-dividend date was Friday, May 23rd. Vallourec's payout ratio is 65.79%.

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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