Vallourec (OTCMKTS:VLOWY) Stock Price Up 4.3% - Should You Buy?

Key Points

• Vallourec shares rose by 4.3% to trade at $3.85, but the trading volume was significantly lower, dropping 71% from its average.
• Sanford C. Bernstein upgraded Vallourec to a "strong-buy" rating, contributing to an overall strong sentiment with one analyst rating it as such.
• The company reported a revenue of $979.19 million and earnings per share of $0.04 in its latest quarterly earnings, with analysts expecting $0.36 per share for the current fiscal year.

Vallourec SA (OTCMKTS:VLOWY - Get Free Report)'s share price was up 4.3% on Friday . The company traded as high as $3.93 and last traded at $3.85. Approximately 6,488 shares traded hands during trading, a decline of 71% from the average daily volume of 22,528 shares. The stock had previously closed at $3.69.

Analyst Ratings Changes

Separately, Sanford C. Bernstein upgraded shares of Vallourec to a "strong-buy" rating in a research report on Monday, July 21st. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company has an average rating of "Strong Buy".

Vallourec Trading Up 2.7%

The stock's 50 day moving average price is $3.77 and its 200-day moving average price is $3.75. The company has a quick ratio of 1.25, a current ratio of 2.09 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $4.43 billion, a PE ratio of 11.81 and a beta of 1.82.

Vallourec (OTCMKTS:VLOWY - Get Free Report) last announced its quarterly earnings data on Friday, July 25th. The energy company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $979.19 million during the quarter. Vallourec had a net margin of 9.42% and a return on equity of 14.57%. On average, sell-side analysts expect that Vallourec SA will post 0.36 earnings per share for the current fiscal year.

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.