Vallourec S.A. (OTCMKTS:VLOWY) Short Interest Up 94.4% in June

Vallourec S.A. (OTCMKTS:VLOWY) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 3,500 shares, a growth of 94.4% from the May 31st total of 1,800 shares. Based on an average trading volume of 3,800 shares, the days-to-cover ratio is presently 0.9 days.

Vallourec Stock Down 4.2 %

Shares of OTCMKTS VLOWY opened at $3.20 on Friday. The company has a market capitalization of $3.68 billion, a P/E ratio of 8.00 and a beta of 1.82. Vallourec has a 52-week low of $2.18 and a 52-week high of $4.15. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.35 and a current ratio of 0.57. The company’s 50 day moving average price is $3.54 and its 200-day moving average price is $3.34.

Vallourec (OTCMKTS:VLOWY) last issued its quarterly earnings results on Thursday, May 16th. The energy company reported $0.09 earnings per share (EPS) for the quarter. The firm had revenue of $1.07 billion for the quarter. Vallourec had a net margin of 9.34% and a return on equity of 20.09%. Equities analysts forecast that Vallourec will post 0.51 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.