Short Interest in Vallourec SA (OTCMKTS:VLOWY) Grows By 2,202.8%

Vallourec SA (OTCMKTS:VLOWY) was the target of a significant increase in short interest in the month of August. As of August 15th, there was short interest totaling 165,800 shares, anincreaseof2,202.8% from the July 31st total of 7,200 shares. Based on an average daily trading volume, of 51,000 shares, the short-interest ratio is currently 3.3 days. Based on an average daily trading volume, of 51,000 shares, the short-interest ratio is currently 3.3 days.

Vallourec Stock Down 2.5%

OTCMKTS VLOWY traded down $0.09 during mid-day trading on Tuesday, reaching $3.54. The stock had a trading volume of 6,142 shares, compared to its average volume of 23,256. The stock has a market cap of $4.15 billion, a PE ratio of 11.06 and a beta of 1.82. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.09 and a quick ratio of 1.25. The company has a fifty day moving average price of $3.81 and a 200 day moving average price of $3.78. Vallourec has a 1 year low of $2.84 and a 1 year high of $4.24.

Vallourec (OTCMKTS:VLOWY) last posted its quarterly earnings data on Friday, July 25th. The energy company reported $0.04 EPS for the quarter. Vallourec had a return on equity of 14.57% and a net margin of 9.42%.The firm had revenue of $979.19 million during the quarter. On average, research analysts expect that Vallourec will post 0.36 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein raised Vallourec to a “strong-buy” rating in a report on Monday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, Vallourec presently has a consensus rating of “Strong Buy”.

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.