Short Interest in Vallourec S.A. (OTCMKTS:VLOWY) Drops By 92.5%

Vallourec S.A. (OTCMKTS:VLOWY - Get Free Report) was the target of a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 300 shares, a decrease of 92.5% from the May 15th total of 4,000 shares. Based on an average daily volume of 40,400 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company's shares are sold short.

Vallourec Stock Performance

Shares of OTCMKTS VLOWY remained flat at $3.67 during midday trading on Wednesday. The stock had a trading volume of 7,502 shares, compared to its average volume of 12,892. The company has a current ratio of 1.79, a quick ratio of 1.04 and a debt-to-equity ratio of 0.32. The business's 50-day moving average price is $3.71 and its 200 day moving average price is $3.74. Vallourec has a 12-month low of $2.84 and a 12-month high of $4.24. The firm has a market capitalization of $4.30 billion, a price-to-earnings ratio of 10.49 and a beta of 1.72.

Vallourec (OTCMKTS:VLOWY - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The energy company reported $0.07 earnings per share for the quarter. Vallourec had a return on equity of 16.77% and a net margin of 9.28%. The firm had revenue of $1.04 billion for the quarter. On average, analysts predict that Vallourec will post 0.36 earnings per share for the current fiscal year.

Vallourec Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Thursday, June 26th. Shareholders of record on Monday, May 26th will be issued a dividend of $0.2546 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a yield of 6.36%. Vallourec's payout ratio is currently 65.79%.

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.