Vallourec SA (OTCMKTS:VLOWY) Sees Large 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) was the target of a large 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 daily trading volume, of 186,000 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 186,000 shares, the days-to-cover ratio is currently 0.2 days.

Analysts Set New Price Targets

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

Vallourec Trading Up 1.8%

OTCMKTS:VLOWY traded up $0.07 during midday trading on Tuesday, hitting $3.75. The stock had a trading volume of 32,954 shares, compared to its average volume of 18,670. Vallourec has a one year low of $2.84 and a one year high of $4.24. The company has a market capitalization of $4.39 billion, a price-to-earnings ratio of 11.72 and a beta of 1.82. The stock has a 50-day moving average of $3.75 and a 200 day moving average of $3.80. The company has a quick ratio of 1.48, a current ratio of 2.37 and a debt-to-equity ratio of 0.37.

Vallourec (OTCMKTS:VLOWY - Get Free Report) last released its quarterly earnings data on Friday, July 25th. The energy company reported $0.04 earnings per share for the quarter. Vallourec had a return on equity of 14.19% and a net margin of 9.42%. The business had revenue of $979.19 million during the quarter. As a group, sell-side analysts forecast that Vallourec will post 0.36 EPS for the current year.

Vallourec Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 26th. Shareholders of record on Monday, May 26th were paid a $0.2546 dividend. This represents a yield of 636.0%. The ex-dividend date was Friday, May 23rd. Vallourec's dividend payout ratio is currently 78.13%.

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.