Vallourec (OTCMKTS:VLOWY) Shares Gap Up – Still a Buy?

Vallourec SA (OTCMKTS:VLOWYGet Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $5.5648, but opened at $5.90. Vallourec shares last traded at $5.90, with a volume of 500 shares trading hands.

Vallourec Stock Up 0.6%

The company has a quick ratio of 1.50, a current ratio of 2.43 and a debt-to-equity ratio of 0.34. The stock has a market cap of $6.66 billion, a PE ratio of 17.21 and a beta of 0.41. The business has a 50 day moving average price of $5.72 and a 200 day moving average price of $4.76.

Vallourec (OTCMKTS:VLOWYGet Free Report) last released its quarterly earnings results on Wednesday, May 13th. The energy company reported $0.08 earnings per share for the quarter. Vallourec had a return on equity of 15.40% and a net margin of 9.45%.The company had revenue of $1.14 billion during the quarter.

Vallourec Company Profile

(Get Free Report)

Vallourec is a global leader in the design, manufacturing and distribution of premium tubular solutions for the oil and gas, power generation, industrial and construction markets. Headquartered in Saint-Saulve, France, the company specializes in seamless steel pipes and associated services that support exploration, drilling, production and infrastructure projects around the world.

The company’s product portfolio encompasses drill pipes, casing and tubing, line pipe as well as mechanical and cold-rolled precision tubes.

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