Vallourec S.A. (OTCMKTS:VLOUF – Get Free Report)’s share price shot up 3.4% during mid-day trading on Thursday . The stock traded as high as $22.75 and last traded at $22.75. 100 shares were traded during trading, a decline of 60% from the average session volume of 250 shares. The stock had previously closed at $22.0070.
Vallourec Stock Performance
The firm has a 50-day simple moving average of $19.62 and a two-hundred day simple moving average of $19.00.
Vallourec Company Profile
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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