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

Vallourec S.A. (OTCMKTS:VLOWY) was the target of a significant 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 trading volume of 1,500 shares, the days-to-cover ratio is presently 0.7 days.

Vallourec Price Performance

Shares of VLOWY stock opened at $3.92 on Friday. The firm has a market cap of $4.58 billion, a price-to-earnings ratio of 11.20 and a beta of 1.60. Vallourec has a 12 month low of $2.84 and a 12 month high of $4.19. The company has a quick ratio of 1.04, a current ratio of 1.79 and a debt-to-equity ratio of 0.32. The stock has a 50-day moving average price of $3.78 and a 200 day moving average price of $3.41.

Vallourec (OTCMKTS:VLOWY) last issued its 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%. Research analysts expect that Vallourec will post 0.36 EPS for the current 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.