Vallourec (OTCMKTS:VLOWY) Shares Gap Up - Time to Buy?

Shares of Vallourec SA (OTCMKTS:VLOWY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $3.77, but opened at $4.00. Vallourec shares last traded at $4.00, with a volume of 332 shares traded.

Vallourec Stock Performance

The firm's 50 day moving average price is $3.76 and its 200-day moving average price is $3.77. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.48 and a current ratio of 2.37. The firm has a market capitalization of $4.68 billion, a PE ratio of 10.50 and a beta of 1.71.

Vallourec (OTCMKTS:VLOWY - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The energy company reported $0.07 earnings per share for the quarter. The firm had revenue of $1.04 billion for the quarter. Vallourec had a net margin of 10.72% and a return on equity of 17.16%. On average, research analysts expect that Vallourec SA will post 0.36 EPS for the current year.

Vallourec Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, June 26th. Investors of record on Monday, May 26th were paid a $0.2546 dividend. This represents a yield of 6.36%. The ex-dividend date of this dividend was Friday, May 23rd. Vallourec's dividend payout ratio is presently 68.42%.

Vallourec Company Profile

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.