Vallourec (OTCMKTS:VLOWY) Shares Gap Up - Should You Buy?

Vallourec SA (OTCMKTS:VLOWY - Get Free Report)'s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $3.50, but opened at $3.73. Vallourec shares last traded at $3.73, with a volume of 1,100 shares changing hands.

Vallourec Trading Up 0.6%

The business has a 50-day moving average price of $3.73 and a two-hundred day moving average price of $3.75. The stock has a market capitalization of $4.60 billion, a P/E ratio of 10.32 and a beta of 1.71. The company has a current ratio of 2.37, a quick ratio of 1.48 and a debt-to-equity ratio of 0.37.

Vallourec (OTCMKTS:VLOWY - Get Free Report) last released its 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 during the quarter. Vallourec had a return on equity of 17.16% and a net margin of 10.72%. On average, analysts expect that Vallourec SA will post 0.36 EPS for the current fiscal year.

Vallourec Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 26th. Stockholders of record on Monday, May 26th were issued a dividend of $0.2546 per share. The ex-dividend date of this dividend was Friday, May 23rd. This represents a dividend yield of 6.36%. Vallourec's dividend payout ratio (DPR) is currently 65.79%.

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.