Vallourec SA (OTCMKTS:VLOWY) Short Interest Update

Vallourec SA (OTCMKTS:VLOWY) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 2,100 shares, a decrease of 89.0% from the September 30th total of 19,100 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 68,900 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 68,900 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Vallourec Stock Performance

Shares of VLOWY stock opened at $3.80 on Tuesday. The firm has a market capitalization of $4.45 billion, a price-to-earnings ratio of 11.88 and a beta of 1.67. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.09 and a quick ratio of 1.25. The business has a fifty day moving average of $3.73 and a 200 day moving average of $3.76. Vallourec has a 1 year low of $3.06 and a 1 year high of $4.24.

Vallourec (OTCMKTS:VLOWY) last issued its earnings results on Friday, July 25th. The energy company reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $979.19 million during the quarter. Vallourec had a return on equity of 14.57% and a net margin of 9.42%. As a group, research analysts expect that Vallourec will post 0.36 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein upgraded Vallourec to a “strong-buy” rating in a report on Monday, July 21st. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Strong Buy”.

About Vallourec

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.