Short Interest in Vallourec SA (OTCMKTS:VLOWY) Rises By 117.5%

Vallourec SA (OTCMKTS:VLOWY) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 49,314 shares, an increase of 117.5% from the February 12th total of 22,673 shares. Based on an average daily volume of 84,698 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 84,698 shares, the short-interest ratio is presently 0.6 days.

Vallourec Price Performance

OTCMKTS:VLOWY opened at $4.60 on Friday. Vallourec has a 52-week low of $3.07 and a 52-week high of $5.05. The stock has a fifty day moving average of $4.37 and a 200 day moving average of $3.97. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.27 and a current ratio of 2.13. The firm has a market capitalization of $5.39 billion, a price-to-earnings ratio of 14.38 and a beta of 0.27.

Vallourec (OTCMKTS:VLOWY) last announced its earnings results on Friday, February 27th. The energy company reported $0.09 earnings per share for the quarter. Vallourec had a return on equity of 15.16% and a net margin of 9.40%.The business had revenue of $1.21 billion for the quarter. On average, research analysts expect that Vallourec will post 0.36 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

Vallourec Company Profile

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.