Vallourec (OTCMKTS:VLOWY) Trading Up 4.4% – Still a Buy?

Vallourec SA (OTCMKTS:VLOWY)’s stock price shot up 4.4% on Friday . The company traded as high as $3.94 and last traded at $3.94. 1,879 shares changed hands during trading, a decline of 91% from the average session volume of 20,434 shares. The stock had previously closed at $3.7750.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group assumed coverage on Vallourec in a research note on Monday, December 15th. They set a “buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Strong Buy”.

Vallourec Trading Up 8.5%

The company has a current ratio of 2.13, a quick ratio of 1.27 and a debt-to-equity ratio of 0.36. The business has a 50 day moving average price of $3.77 and a 200-day moving average price of $3.77. The firm has a market capitalization of $4.62 billion, a PE ratio of 10.65 and a beta of 0.40.

Vallourec (OTCMKTS:VLOWY) last announced its quarterly earnings data on Friday, November 14th. The energy company reported $0.12 earnings per share for the quarter. The firm had revenue of $1.06 billion for the quarter. Vallourec had a return on equity of 17.25% and a net margin of 11.05%. Analysts expect that Vallourec SA will post 0.36 earnings per share for the current year.

About Vallourec

Vallourec is a global leader in the design, manufacturing and distribution of premium tubular solutions for the oil and gas, power generation, industrial and construction markets. Headquartered in Saint-Saulve, France, the company specializes in seamless steel pipes and associated services that support exploration, drilling, production and infrastructure projects around the world.

The company’s product portfolio encompasses drill pipes, casing and tubing, line pipe as well as mechanical and cold-rolled precision tubes.