Vallourec SA (OTCMKTS:VLOWY - Get Free Report) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 7,200 shares, adeclineof82.4% from the July 15th total of 40,900 shares. Based on an average trading volume of 12,500 shares, the short-interest ratio is presently 0.6 days. Approximately0.0% of the shares of the company are short sold. Approximately0.0% of the shares of the company are short sold. Based on an average trading volume of 12,500 shares, the short-interest ratio is presently 0.6 days.
Analyst Ratings Changes
Separately, Sanford C. Bernstein upgraded Vallourec to a "strong-buy" rating in a research note on Monday, July 21st.
View Our Latest Research Report on VLOWY
Vallourec Trading Up 5.6%
Shares of VLOWY opened at $3.96 on Friday. The business's 50-day moving average price is $3.79 and its 200-day moving average price is $3.80. Vallourec has a twelve month low of $2.84 and a twelve month high of $4.24. The stock has a market cap of $4.64 billion, a PE ratio of 12.38 and a beta of 1.82. The company has a quick ratio of 1.48, a current ratio of 2.09 and a debt-to-equity ratio of 0.40.
Vallourec (OTCMKTS:VLOWY - Get Free Report) last announced its quarterly earnings results on Friday, July 25th. The energy company reported $0.04 earnings per share for the quarter. Vallourec had a return on equity of 14.57% and a net margin of 9.42%. The firm had revenue of $979.19 million for the quarter. On average, equities analysts forecast that Vallourec will post 0.36 EPS for the current fiscal year.
Vallourec Announces Dividend
The business also recently declared a dividend, which was paid on Thursday, June 26th. Stockholders of record on Monday, May 26th were given a dividend of $0.2546 per share. The ex-dividend date was Friday, May 23rd. This represents a dividend yield of 636.0%. Vallourec's dividend payout ratio is currently 81.25%.
Vallourec Company Profile
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Vallourec, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vallourec wasn't on the list.
While Vallourec currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.