Vallourec (OTCMKTS:VLOWY) Shares Up 1.8% - Should You Buy?

Shares of Vallourec SA (OTCMKTS:VLOWY - Get Free Report) shot up 1.8% during trading on Friday . The company traded as high as $3.67 and last traded at $3.67. 3,139 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 10,254 shares. The stock had previously closed at $3.61.

Vallourec Trading Up 1.8%

The firm has a market cap of $4.30 billion, a PE ratio of 9.66 and a beta of 1.72. 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 stock's 50 day simple moving average is $3.73 and its 200 day simple moving average is $3.75.

Vallourec (OTCMKTS:VLOWY - Get Free Report) last announced its quarterly earnings data 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 net margin of 10.72% and a return on equity of 17.16%. On average, sell-side analysts forecast that Vallourec SA will post 0.36 earnings per share for the current fiscal year.

Vallourec Announces Dividend

The company also recently declared a dividend, which will be paid on Thursday, June 26th. Investors of record on Monday, May 26th will be issued a dividend of $0.2546 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a yield of 6.36%. Vallourec's dividend payout ratio is currently 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.