Vallourec (OTCMKTS:VLOWY) Sets New 52-Week High – Still a Buy?

Vallourec S.A. (OTCMKTS:VLOWYGet Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $4.19 and last traded at $3.97, with a volume of 10414 shares trading hands. The stock had previously closed at $3.77.

Vallourec Price Performance

The firm’s 50 day moving average price is $3.75 and its two-hundred day moving average price is $3.39. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.79 and a quick ratio of 1.04. The stock has a market cap of $4.65 billion, a PE ratio of 11.35 and a beta of 1.60.

About Vallourec

(Get Free Report)

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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