Vallourec S.A. (OTCMKTS:VLOWY) Sees Significant Decrease in Short Interest

Vallourec S.A. (OTCMKTS:VLOWY - Get Free Report) was the target of a large 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. Currently, 0.0% of the company's shares are short sold. Based on an average daily volume of 40,400 shares, the days-to-cover ratio is presently 0.0 days.

Vallourec Stock Down 0.8%

Shares of VLOWY traded down $0.03 during trading hours on Friday, reaching $3.60. The stock had a trading volume of 2,191 shares, compared to its average volume of 12,717. Vallourec has a 12 month low of $2.84 and a 12 month high of $4.24. The firm has a 50-day simple moving average of $3.71 and a 200 day simple moving average of $3.74. 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 company has a market capitalization of $4.22 billion, a price-to-earnings ratio of 10.29 and a beta of 1.72.

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

Vallourec Announces Dividend

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