Vallourec SA (OTCMKTS:VLOWY - Get Free Report)'s share price fell 5.7% during mid-day trading on Monday . The company traded as low as $3.82 and last traded at $3.82. 1,472 shares traded hands during trading, a decline of 92% from the average session volume of 19,564 shares. The stock had previously closed at $4.05.
Analyst Ratings Changes
Separately, Sanford C. Bernstein upgraded shares of Vallourec to a "strong-buy" rating in a research note on Monday.
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Vallourec Trading Up 1.1%
The firm has a market capitalization of $4.64 billion, a price-to-earnings ratio of 10.42 and a beta of 1.71. The business's 50-day moving average price is $3.77 and its 200 day moving average price is $3.79. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.37 and a quick ratio of 1.48.
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 business had revenue of $1.04 billion during the quarter. On average, equities analysts forecast that Vallourec SA will post 0.36 earnings per share for the current fiscal year.
Vallourec Dividend Announcement
The firm also recently disclosed a dividend, which was paid on Thursday, June 26th. Investors of record on Monday, May 26th were given a dividend of $0.2546 per share. This represents a yield of 6.36%. The ex-dividend date was Friday, May 23rd. Vallourec's 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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