Vallourec S.A. (OTCMKTS:VLOWY) Sees Large Increase in Short Interest

Vallourec S.A. (OTCMKTS:VLOWY - Get Free Report) was the recipient of a large 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. Approximately 0.0% of the company's shares are sold short. Based on an average daily volume of 40,500 shares, the short-interest ratio is presently 0.1 days.

Vallourec Stock Up 0.9%

Shares of VLOWY traded up $0.03 during mid-day trading on Tuesday, reaching $3.42. The company's stock had a trading volume of 34,730 shares, compared to its average volume of 12,930. The company has a market cap of $4.01 billion, a price-to-earnings ratio of 9.77 and a beta of 1.65. The business has a fifty day moving average of $3.72 and a 200 day moving average of $3.73. The company has a quick ratio of 1.04, a current ratio of 1.79 and a debt-to-equity ratio of 0.32. Vallourec has a 1 year low of $2.84 and a 1 year high of $4.24.

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

Vallourec Announces Dividend

The firm also recently announced a dividend, which will be paid on Thursday, June 26th. Stockholders of record on Monday, May 26th will be issued 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 dividend 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.