Vallourec SA (OTCMKTS:VLOWY) Short Interest Update

Vallourec SA (OTCMKTS:VLOWY) saw a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 22,673 shares, a decrease of 50.8% from the January 29th total of 46,093 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 135,028 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 135,028 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Vallourec Stock Performance

Shares of VLOWY stock opened at $4.78 on Friday. Vallourec has a 52 week low of $3.07 and a 52 week high of $5.05. The company has a market capitalization of $5.60 billion, a price-to-earnings ratio of 12.92 and a beta of 0.36. The company has a 50-day simple moving average of $4.19 and a 200 day simple moving average of $3.91. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.27 and a current ratio of 2.13.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group started coverage on Vallourec in a research report on Monday, December 15th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat, Vallourec presently has an average rating of “Strong Buy”.

Vallourec Company Profile

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.