Vallourec (OTCMKTS:VLOWY) Stock Lifted to “Strong-Buy” by Kepler Capital Markets

by · The Markets Daily

Vallourec (OTCMKTS:VLOWY – Get Free Report) was upgraded by analysts at Kepler Capital Markets from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday, Zacks reports.

Vallourec Stock Up 3.3%

OTCMKTS VLOWY opened at $4.33 on Monday. The stock has a market cap of $5.75 billion, a PE ratio of 12.68 and a beta of 0.49. The company has a current ratio of 2.14, a quick ratio of 1.37 and a debt-to-equity ratio of 0.27. Vallourec has a 12 month low of $3.50 and a 12 month high of $6.65. The stock’s 50 day moving average is $4.31 and its 200 day moving average is $5.00.

Vallourec (OTCMKTS:VLOWY – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The energy company reported $0.04 earnings per share for the quarter. Vallourec had a return on equity of 14.98% and a net margin of 9.49%. The firm had revenue of $1.03 billion during the quarter.

Vallourec Company Profile

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Vallourec is a France-based manufacturer and provider of premium tubular solutions. The company primarily produces seamless steel tubes and related products for the energy industry, including oil and natural gas exploration and production, drilling, well construction and completion. Its offerings are designed for demanding applications such as high-pressure, high-temperature and corrosive environments.

In addition to serving the oil and gas sector, Vallourec supplies tubes and tubular solutions for industrial applications, including power generation, mechanical engineering and other specialized markets.

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