Vallourec (OTCMKTS:VLOWY) Announces Quarterly Earnings Results

Vallourec (OTCMKTS:VLOWY) issued its earnings results on Friday. The energy company reported $0.12 EPS for the quarter, Zacks reports. Vallourec had a net margin of 9.42% and a return on equity of 14.57%.

Vallourec Trading Down 1.9%

VLOWY traded down $0.08 during trading on Friday, reaching $3.92. 30,617 shares of the stock traded hands, compared to its average volume of 21,341. The stock’s 50-day moving average is $3.79 and its 200 day moving average is $3.78. Vallourec has a 12 month low of $3.07 and a 12 month high of $4.24. The stock has a market capitalization of $4.59 billion, a PE ratio of 12.23 and a beta of 1.57. The company has a quick ratio of 1.25, a current ratio of 2.09 and a debt-to-equity ratio of 0.40.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein raised Vallourec to a “strong-buy” rating in a report on Monday, July 21st. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, Vallourec presently has an average rating of “Strong Buy”.

Vallourec Company Profile

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.