Vallourec (EPA:VK) Share Price Passes Below 50 Day Moving Average of $2.36

Vallourec SA (EPA:VK)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.36 and traded as low as $2.62. Vallourec shares last traded at $2.64, with a volume of 10,883,845 shares trading hands.

The company’s fifty day moving average is €2.37.

Vallourec Company Profile (EPA:VK)

Vallourec SA through its subsidiaries, provides tubular solutions primarily for the energy markets and other industrial applications in Europe, North America, South America, Asia, the Middle East, and internationally. It operates through Seamless Tubes and Specialty Products segments. The company produces hot-rolled seamless carbon and alloy steel tubes for the oil and gas, power generation, chemical and petrochemical, and automotive and mechanical engineering industries, as well as produces stainless steel and titanium tubes.

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