Vallourec (OTCMKTS:VLOWY) Shares Up 4.3% – Should You Buy?

Vallourec SA (OTCMKTS:VLOWY) rose 4.3% during mid-day trading on Friday . The company traded as high as $3.93 and last traded at $3.85. Approximately 6,488 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 22,528 shares. The stock had previously closed at $3.69.

Analyst Upgrades and Downgrades

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

Vallourec Stock Up 0.3%

The stock’s fifty day simple moving average is $3.78 and its 200-day simple moving average is $3.76. The stock has a market cap of $4.34 billion, a P/E ratio of 11.56 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.

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