Vallourec (EPA:VK) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

by · The Cerbat Gem

Vallourec S.A. (EPA:VK – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €16.09 ($17.49) and traded as high as €17.01 ($18.48). Vallourec shares last traded at €16.98 ($18.46), with a volume of 671,534 shares traded.

Vallourec Trading Up 3.5 %

The stock’s 50-day simple moving average is €18.24 and its 200-day simple moving average is €16.12.

About Vallourec

(Get Free Report)

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.

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