VALLOUREC SA/S (OTCMKTS:VLOWY) Sees Significant Growth in Short Interest

VALLOUREC SA/S (OTCMKTS:VLOWY) saw a large growth in short interest in September. As of September 15th, there was short interest totalling 1,000 shares, a growth of 900.0% from the August 31st total of 100 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 3.3 days.

Shares of VLOWY opened at $3.54 on Monday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.16 and a quick ratio of 0.85. VALLOUREC SA/S has a 1 year low of $3.54 and a 1 year high of $26.08. The company has a 50 day simple moving average of $6.06 and a two-hundred day simple moving average of $7.90. The firm has a market cap of $202.66 million, a P/E ratio of -0.63 and a beta of 2.01.

Separately, Zacks Investment Research lowered shares of VALLOUREC SA/S from a “hold” rating to a “sell” rating in a report on Wednesday, July 29th. Five investment analysts have rated the stock with a sell rating, The stock presently has an average rating of “Sell”.

About VALLOUREC SA/S

Vallourec SA, through its subsidiaries, provides tubular solutions primarily for the energy markets and other industrial applications in the European Union, 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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