Vallourec SA (OTCMKTS:VLOWY) Sees Significant Growth in Short Interest

Key Points

• Vallourec SA experienced a **1,005.4% increase** in short interest in July, rising from **3,700 to 40,900 shares**.
• The company reported **$0.04 earnings per share** for the last quarter with a revenue figure of **$979.19 million**.
• Vallourec announced a **dividend yield of 636%**, with the most recent distribution of **$0.2546 per share** paid on June 26th.

Vallourec SA (OTCMKTS:VLOWY - Get Free Report) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 40,900 shares, anincreaseof1,005.4% from the June 30th total of 3,700 shares. Based on an average trading volume of 186,000 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 186,000 shares, the short-interest ratio is currently 0.2 days.

Vallourec Price Performance

VLOWY stock opened at $3.78 on Friday. The company has a 50 day simple moving average of $3.75 and a 200 day simple moving average of $3.80. The stock has a market cap of $4.43 billion, a price-to-earnings ratio of 11.81 and a beta of 1.82. Vallourec has a 1 year low of $2.84 and a 1 year high of $4.24. 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 posted its earnings results on Friday, July 25th. The energy company reported $0.04 earnings per share for the quarter. The firm had revenue of $979.19 million for the quarter. Vallourec had a net margin of 9.42% and a return on equity of 14.19%. Research analysts anticipate that Vallourec will post 0.36 EPS for the current fiscal year.

Vallourec Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 26th. Shareholders of record on Monday, May 26th were issued a $0.2546 dividend. This represents a yield of 636.0%. The ex-dividend date of this dividend was Friday, May 23rd. Vallourec's dividend payout ratio is presently 81.25%.

Wall Street Analysts Forecast Growth

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

Vallourec Company Profile

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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