Vallourec (OTCMKTS:VLOWY) Reaches New 52-Week High – Should You Buy?

Vallourec S.A. (OTCMKTS:VLOWY) shares reached a new 52-week high on Wednesday . The stock traded as high as $4.24 and last traded at $4.24, with a volume of 2300 shares traded. The stock had previously closed at $4.05.

Vallourec Price Performance

The company has a 50 day moving average of $3.86 and a 200 day moving average of $3.48. The company has a current ratio of 1.79, a quick ratio of 1.04 and a debt-to-equity ratio of 0.32. The firm has a market cap of $4.96 billion, a price-to-earnings ratio of 12.11 and a beta of 1.42.

Vallourec (OTCMKTS:VLOWY) last issued its quarterly earnings data on Thursday, February 27th. The energy company reported $0.14 earnings per share (EPS) for the quarter. The company 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%. Equities research analysts predict that Vallourec S.A. will post 0.36 EPS for the current fiscal 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.