Vallourec SA (OTCMKTS:VLOWY - Get Free Report)'s share price dropped 2.5% during trading on Wednesday . The stock traded as low as $3.57 and last traded at $3.57. Approximately 2,849 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 12,479 shares. The stock had previously closed at $3.66.
Vallourec Stock Up 1.8%
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 cap of $4.30 billion, a price-to-earnings ratio of 9.66 and a beta of 1.72. The business's 50 day moving average price is $3.73 and its 200 day moving average price is $3.75.
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. Vallourec had a net margin of 10.72% and a return on equity of 17.16%. The company had revenue of $1.04 billion for the quarter. On average, equities analysts forecast that Vallourec SA will post 0.36 EPS for the current year.
Vallourec Dividend Announcement
The firm also recently declared a dividend, which will be paid on Thursday, June 26th. Investors of record on Monday, May 26th will be paid a $0.2546 dividend. The ex-dividend date is Friday, May 23rd. This represents a dividend yield of 6.36%. Vallourec's dividend payout ratio is presently 68.42%.
Vallourec Company Profile
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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.
Further Reading
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