Vallourec S.A. (OTCMKTS:VLOWY) Short Interest Up 890.9% in February

Vallourec S.A. (OTCMKTS:VLOWY - Get Free Report) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 10,900 shares, a growth of 890.9% from the February 13th total of 1,100 shares. Based on an average daily volume of 7,800 shares, the short-interest ratio is currently 1.4 days. Approximately 0.0% of the shares of the company are sold short.

Vallourec Stock Performance

OTCMKTS VLOWY traded up $0.36 during trading hours on Friday, hitting $3.89. 4,613 shares of the stock were exchanged, compared to its average volume of 8,639. The company has a market cap of $4.55 billion, a price-to-earnings ratio of 11.11 and a beta of 1.42. Vallourec has a 12-month low of $2.84 and a 12-month high of $4.19. The stock has a 50-day moving average of $3.85 and a 200 day moving average of $3.47. The company has a quick ratio of 1.04, a current ratio of 1.79 and a debt-to-equity ratio of 0.32.

Vallourec (OTCMKTS:VLOWY - Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The energy company reported $0.14 earnings per share (EPS) for the quarter. The firm had revenue of $1.14 billion during the quarter. Vallourec had a net margin of 9.28% and a return on equity of 16.77%. As a group, equities research analysts forecast that Vallourec will post 0.36 earnings per share for the current year.

Remove Ads

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.