Vallourec (OTCMKTS:VLOUF) Trading Down 1.2% – Should You Sell?

Shares of Vallourec S.A. (OTCMKTS:VLOUFGet Free Report) traded down 1.2% during trading on Wednesday . The stock traded as low as $20.7660 and last traded at $20.7660. 261 shares changed hands during mid-day trading, an increase of 57% from the average session volume of 166 shares. The stock had previously closed at $21.02.

Vallourec Stock Down 1.2%

The company has a fifty day simple moving average of $18.77 and a two-hundred day simple moving average of $18.78.

About Vallourec

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Vallourec is a global manufacturer of seamless steel tubing solutions, headquartered in France. The company specializes in the design, production and distribution of high–performance tubular products, catering primarily to the oil and gas, power generation, chemical, petrochemical, automotive and construction industries. Its product portfolio encompasses oil country tubular goods (OCTG), line pipes, mechanical tubing and premium connections developed to withstand the most demanding environments and applications.

Serving both upstream and downstream markets, Vallourec offers integrated services that range from project engineering and metallurgical expertise to on-site technical support.

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