Vallourec (EPA:VK) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Vallourec S.A. (EPA:VK)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €15.39 ($15.87) and traded as high as €19.14 ($19.73). Vallourec shares last traded at €18.74 ($19.31), with a volume of 461,729 shares changing hands.

Vallourec Price Performance

The stock has a fifty day simple moving average of €17.38 and a two-hundred day simple moving average of €15.39.

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.