Vallourec (OTCMKTS:VLOUF) Shares Down 0.9% – Time to Sell?

Vallourec S.A. (OTCMKTS:VLOUFGet Free Report) shares were down 0.9% during trading on Wednesday . The stock traded as low as $15.00 and last traded at $15.00. Approximately 500 shares were traded during mid-day trading, an increase of 207% from the average daily volume of 163 shares. The stock had previously closed at $15.13.

Vallourec Stock Down 0.9 %

The company has a fifty day moving average price of $15.12 and a 200 day moving average price of $16.39.

About Vallourec

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Vallourec SA, through its subsidiaries, provides tubular solutions for the oil and gas, industry, and energy markets in Europe, North America, South America, Asia, the Middle East, and internationally. It operates through Tubes; Mine & Forests; and Holding Companies & Other segments. The company offers seamless tubes for refineries, petrochemical facilities, and floating liquefied natural gas plants, as well as production, storage, and offloading units; VAM connections; rigid subsea line pipes and onshore rigid line pipes; and carbon steel and steel alloy tubes, hollow bars, and connections.

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