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

Vallourec S.A. (OTCMKTS:VLOWY) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 1,100 shares, a drop 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 currently 0.7 days.

Vallourec Price Performance

Shares of OTCMKTS:VLOWY opened at $3.92 on Friday. The firm has a market capitalization of $4.58 billion, a PE ratio of 11.20 and a beta of 1.60. The company has a current ratio of 1.79, a quick ratio of 1.04 and a debt-to-equity ratio of 0.32. Vallourec has a 1-year low of $2.84 and a 1-year high of $4.19. The business’s 50 day moving average is $3.78 and its 200-day moving average is $3.41.

Vallourec (OTCMKTS:VLOWY) last posted its quarterly earnings results on Thursday, February 27th. The energy company reported $0.14 earnings per share for the quarter. Vallourec had a net margin of 9.28% and a return on equity of 16.77%. Sell-side analysts predict that Vallourec will post 0.36 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.