Vallourec SA (OTCMKTS:VLOWY - Get Free Report)'s stock price dropped 5.7% during trading on Monday . The stock traded as low as $3.82 and last traded at $3.82. Approximately 1,472 shares changed hands during trading, a decline of 92% from the average daily volume of 19,564 shares. The stock had previously closed at $4.05.
Analyst Ratings Changes
Separately, Sanford C. Bernstein raised Vallourec to a "strong-buy" rating in a research note on Monday.
Check Out Our Latest Stock Report on Vallourec
Vallourec Trading Down 1.2%
The company has a 50-day simple moving average of $3.77 and a 200-day simple moving average of $3.79. The stock has a market cap of $4.64 billion, a P/E ratio of 10.42 and a beta of 1.71. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.48 and a current ratio of 2.37.
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. The company 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 EPS for the current fiscal year.
Vallourec Dividend Announcement
The firm also recently declared a dividend, which was paid on Thursday, June 26th. Shareholders 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 dividend payout ratio (DPR) is presently 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.
Featured Stories
Before you consider Vallourec, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vallourec wasn't on the list.
While Vallourec currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.