Vallourec (OTCMKTS:VLOWY) Stock Price Up 5.6% - Time to Buy?

Key Points

• Vallourec SA's share price increased by 5.6% to $3.96, despite a significant drop in trading volume.
• Sanford C. Bernstein upgraded Vallourec to a "strong-buy" rating, indicating increased analyst confidence in the stock.
• The company recently reported a net margin of 9.42% and a quarterly EPS of $0.04, with expectations for a 0.36 EPS for the current year.

Vallourec SA (OTCMKTS:VLOWY - Get Free Report)'s share price rose 5.6% during trading on Friday . The stock traded as high as $3.96 and last traded at $3.96. Approximately 114 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 18,688 shares. The stock had previously closed at $3.75.

Analyst Ratings Changes

Separately, Sanford C. Bernstein raised Vallourec to a "strong-buy" rating in a research report on Monday, July 21st.

Vallourec Stock Up 3.7%

The firm has a 50-day moving average price of $3.76 and a 200 day moving average price of $3.80. 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 company has a market cap of $4.56 billion, a price-to-earnings ratio of 12.16 and a beta of 1.71.

Vallourec (OTCMKTS:VLOWY - Get Free Report) last posted its quarterly earnings data on Friday, July 25th. The energy company reported $0.04 EPS for the quarter. Vallourec had a return on equity of 14.19% and a net margin of 9.42%. The firm had revenue of $979.19 million for the quarter. Sell-side analysts predict that Vallourec SA will post 0.36 EPS for the current year.

Vallourec Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, June 26th. Shareholders of record on Monday, May 26th were paid a dividend of $0.2546 per share. This represents a yield of 636.0%. The ex-dividend date was Friday, May 23rd. Vallourec's dividend payout ratio (DPR) is 81.25%.

About Vallourec

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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