Short Interest in Vallourec SA (OTCMKTS:VLOWY) Rises By 36.1%

Vallourec SA (OTCMKTS:VLOWYGet Free Report) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 31,889 shares, a growth of 36.1% from the December 15th total of 23,424 shares. Based on an average daily volume of 35,796 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 35,796 shares, the days-to-cover ratio is currently 0.9 days.

Vallourec Trading Down 0.5%

OTCMKTS:VLOWY opened at $3.98 on Friday. Vallourec has a 12 month low of $3.07 and a 12 month high of $4.24. The company has a market capitalization of $4.66 billion, a P/E ratio of 10.76 and a beta of 0.39. The company has a current ratio of 2.13, a quick ratio of 1.27 and a debt-to-equity ratio of 0.36. The firm has a fifty day simple moving average of $3.81 and a 200-day simple moving average of $3.80.

Vallourec (OTCMKTS:VLOWYGet Free Report) last announced its earnings results on Friday, November 14th. The energy company reported $0.12 EPS for the quarter. Vallourec had a net margin of 11.05% and a return on equity of 17.25%. The business had revenue of $1.06 billion during the quarter. On average, equities research analysts anticipate that Vallourec will post 0.36 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group assumed coverage on shares of Vallourec in a report on Monday, December 15th. They issued a “buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Strong Buy”.

View Our Latest Report on VLOWY

About Vallourec

(Get Free Report)

Vallourec is a global leader in the design, manufacturing and distribution of premium tubular solutions for the oil and gas, power generation, industrial and construction markets. Headquartered in Saint-Saulve, France, the company specializes in seamless steel pipes and associated services that support exploration, drilling, production and infrastructure projects around the world.

The company’s product portfolio encompasses drill pipes, casing and tubing, line pipe as well as mechanical and cold-rolled precision tubes.

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