Short Interest in Vallourec S.A. (OTCMKTS:VLOWY) Decreases By 92.5%

Vallourec S.A. (OTCMKTS:VLOWY) was the target of a large decrease in short interest in the month of August. As of August 15th, there was short interest totalling 400 shares, a decrease of 92.5% from the July 31st total of 5,300 shares. Based on an average trading volume of 2,200 shares, the short-interest ratio is currently 0.2 days.

Vallourec Stock Performance

Vallourec stock remained flat at $3.09 during mid-day trading on Wednesday. The company has a fifty day simple moving average of $3.22 and a two-hundred day simple moving average of $3.39. The company has a current ratio of 2.08, a quick ratio of 1.27 and a debt-to-equity ratio of 0.58. Vallourec has a twelve month low of $2.18 and a twelve month high of $4.15. The firm has a market capitalization of $3.55 billion, a P/E ratio of 7.73 and a beta of 1.72.

Vallourec (OTCMKTS:VLOWY) last issued its quarterly earnings results on Friday, July 26th. The energy company reported $0.10 EPS for the quarter. Vallourec had a net margin of 8.83% and a return on equity of 17.51%. The business had revenue of $1.17 billion for the quarter. On average, analysts anticipate that Vallourec will post 0.45 earnings per share for the current year.

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.