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Vallourec (OTCMKTS:VLOWY) Shares Down 2.5% - Here's What Happened

Vallourec logo with Oils/Energy background

Vallourec SA (OTCMKTS:VLOWY - Get Free Report) was down 2.5% during mid-day trading on Wednesday . The stock traded as low as $3.57 and last traded at $3.57. Approximately 2,849 shares were traded during trading, a decline of 77% from the average daily volume of 12,479 shares. The stock had previously closed at $3.66.

Vallourec Price Performance

The company has a debt-to-equity ratio of 0.37, a current ratio of 2.37 and a quick ratio of 1.48. The firm has a market capitalization of $4.22 billion, a price-to-earnings ratio of 9.49 and a beta of 1.72. The business's fifty day simple moving average is $3.72 and its 200 day simple moving average is $3.75.

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

Vallourec Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Thursday, June 26th. Stockholders of record on Monday, May 26th will be issued a dividend of $0.2546 per share. The ex-dividend date is Friday, May 23rd. This represents a dividend yield of 6.36%. Vallourec's dividend payout ratio is 68.42%.

Vallourec Company Profile

(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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