Vallourec SA (OTCMKTS:VLOWY) Short Interest Update

Vallourec SA (OTCMKTS:VLOWY) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 49,139 shares, a growth of 282.5% from the August 15th total of 12,847 shares. Based on an average daily trading volume, of 55,579 shares, the short-interest ratio is presently 0.9 days. Approximately 0.0% of the company’s shares are short sold.

Vallourec Trading Up 0.1%

Shares of VLOWY stock traded up $0.01 during mid-day trading on Friday, reaching $4.40. The company’s stock had a trading volume of 234,575 shares, compared to its average volume of 64,067. The company has a quick ratio of 1.37, a current ratio of 2.14 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $5.85 billion, a PE ratio of 13.33 and a beta of 0.51. The company’s 50 day simple moving average is $4.60 and its 200-day simple moving average is $5.06. Vallourec has a 12-month low of $3.50 and a 12-month high of $6.65.

Vallourec (OTCMKTS:VLOWY) last announced its quarterly earnings results on Thursday, July 30th. The energy company reported $0.04 earnings per share for the quarter. The firm had revenue of $1.03 billion during the quarter. Vallourec had a net margin of 9.49% and a return on equity of 14.98%.

About Vallourec

Vallourec is a France-based manufacturer of premium tubular solutions for the energy and industrial markets. The company primarily produces seamless steel tubes, specialized connections and related services used in oil and gas exploration and production, including casing, tubing and line pipe applications.

Its products and engineering services also support power generation, petrochemicals, mechanical engineering, construction and emerging energy applications. Vallourec has developed tubular solutions for geothermal energy, hydrogen, carbon capture and storage, and other lower-carbon technologies, in addition to serving conventional energy infrastructure.

Founded in the late 19th century through the combination of French tube manufacturers, Vallourec has grown into an international group serving customers across Europe, North and South America, the Middle East, Asia and other regions.