Vallourec S.A. (OTCMKTS:VLOWY) Short Interest Up 890.9% in February

Vallourec S.A. (OTCMKTS:VLOWY) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 10,900 shares, an increase of 890.9% from the February 13th total of 1,100 shares. Based on an average daily volume of 7,800 shares, the short-interest ratio is presently 1.4 days. Currently, 0.0% of the company’s stock are short sold.

Vallourec Stock Up 3.2 %

Shares of VLOWY traded up $0.12 during midday trading on Wednesday, reaching $3.73. 358 shares of the stock were exchanged, compared to its average volume of 7,605. The company has a market cap of $4.36 billion, a price-to-earnings ratio of 10.64 and a beta of 1.42. The company has a quick ratio of 1.04, a current ratio of 1.79 and a debt-to-equity ratio of 0.32. Vallourec has a 12-month low of $2.84 and a 12-month high of $4.19. The firm has a 50 day simple moving average of $3.83 and a 200-day simple moving average of $3.45.

Vallourec (OTCMKTS:VLOWY) last issued its quarterly earnings data on Thursday, February 27th. The energy company reported $0.14 earnings per share for the quarter. The firm had revenue of $1.14 billion for the quarter. Vallourec had a net margin of 9.28% and a return on equity of 16.77%. Research analysts forecast 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.