Vallourec (OTCMKTS:VLOWY) Shares Gap Down – Time to Sell?

Vallourec SA (OTCMKTS:VLOWY)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $3.9150, but opened at $3.54. Vallourec shares last traded at $3.54, with a volume of 116 shares changing hands.

Wall Street Analysts Forecast Growth

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

Vallourec Stock Performance

The company has a quick ratio of 1.25, a current ratio of 2.09 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $4.24 billion, a PE ratio of 11.31 and a beta of 1.57. The firm has a 50 day moving average price of $3.80 and a 200-day moving average price of $3.78.

Vallourec (OTCMKTS:VLOWY) last issued its quarterly earnings results on Friday, November 14th. The energy company reported $0.12 earnings per share for the quarter. Vallourec had a net margin of 9.42% and a return on equity of 14.57%. The company had revenue of $1.06 billion for the quarter. Research analysts expect that Vallourec SA 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.