Shares of Vallourec S.A. (OTCMKTS:VLOUF – Get Free Report) rose 12.1% during trading on Thursday . The company traded as high as $18.91 and last traded at $18.91. Approximately 635 shares were traded during trading, an increase of 271% from the average daily volume of 171 shares. The stock had previously closed at $16.88.
Vallourec Price Performance
The business’s 50 day moving average price is $17.22 and its two-hundred day moving average price is $15.96.
About Vallourec
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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