Vallourec S.A. (OTCMKTS:VLOWY) Short Interest Update

Vallourec S.A. (OTCMKTS:VLOWY - Get Free Report) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totalling 4,000 shares, an increase of 122.2% from the April 30th total of 1,800 shares. Based on an average trading volume of 40,500 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company's stock are sold short.

Vallourec Stock Down 7.5%

VLOWY traded down $0.27 during midday trading on Friday, hitting $3.33. 2,456 shares of the company's stock traded hands, compared to its average volume of 12,648. Vallourec has a one year low of $2.84 and a one year high of $4.24. The company has a market cap of $3.90 billion, a PE ratio of 9.51 and a beta of 1.65. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.79 and a quick ratio of 1.04. The stock's fifty day simple moving average is $3.73 and its 200-day simple moving average is $3.73.

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 company had revenue of $1.04 billion for the quarter. Vallourec had a net margin of 9.28% and a return on equity of 16.77%. As a group, equities analysts anticipate that Vallourec will post 0.36 earnings per share for the current fiscal year.

Vallourec Announces Dividend

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