Short Interest in Vallourec S.A. (OTCMKTS:VLOWY) Declines By 93.3%

Vallourec S.A. (OTCMKTS:VLOWY) was the target of a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 1,100 shares, a decrease of 93.3% from the January 31st total of 16,500 shares. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is presently 0.7 days.

Vallourec Trading Up 5.9 %

Shares of VLOWY opened at $4.15 on Friday. The firm has a market cap of $4.85 billion, a P/E ratio of 11.86 and a beta of 1.60. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.79 and a quick ratio of 1.04. Vallourec has a 1 year low of $2.84 and a 1 year high of $4.19. The company has a 50 day simple moving average of $3.78 and a two-hundred day simple moving average of $3.41.

Vallourec (OTCMKTS:VLOWY) last announced its quarterly earnings results on Thursday, February 27th. The energy company reported $0.14 earnings per share (EPS) for the quarter. Vallourec had a net margin of 9.28% and a return on equity of 16.77%. The company had revenue of $1.14 billion for the quarter. On average, equities analysts expect that Vallourec will post 0.36 earnings per share for the current fiscal year.

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.