Vallourec (OTCMKTS:VLOWY) Stock Price Up 6.3% - Time to Buy?

Key Points

• Shares rose 6.3% to $5.92 on Friday, but trading was very light at about 1,851 shares—96% below its average daily volume.
• Vallourec reported quarterly EPS of $0.09 on $1.21 billion in revenue, with a 9.4% net margin and 15.1% return on equity; the stock trades at a P/E of 19.19 and a $7.19 billion market cap.
• The company has healthy liquidity and low leverage (quick ratio 1.50, current ratio 2.31, debt/equity 0.34) and specializes in seamless steel tubular solutions for oil & gas, power generation and industrial markets.

Vallourec SA (OTCMKTS:VLOWY - Get Free Report) shares were up 6.3% during trading on Friday . The stock traded as high as $5.92 and last traded at $5.92. Approximately 1,851 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 41,419 shares. The stock had previously closed at $5.57.

Vallourec Stock Up 3.9%

The company has a quick ratio of 1.50, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. The company has a 50-day simple moving average of $4.93 and a two-hundred day simple moving average of $4.27. The stock has a market cap of $7.19 billion, a P/E ratio of 19.19 and a beta of 0.31.

Vallourec (OTCMKTS:VLOWY - Get Free Report) last issued its earnings results on Friday, February 27th. The energy company reported $0.09 earnings per share (EPS) for the quarter. Vallourec had a net margin of 9.40% and a return on equity of 15.10%. The firm had revenue of $1.21 billion for the quarter.

Vallourec Company Profile

Vallourec is a global leader in the design, manufacturing and distribution of premium tubular solutions for the oil and gas, power generation, industrial and construction markets. Headquartered in Saint-Saulve, France, the company specializes in seamless steel pipes and associated services that support exploration, drilling, production and infrastructure projects around the world.

The company's product portfolio encompasses drill pipes, casing and tubing, line pipe as well as mechanical and cold-rolled precision tubes.

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