Vallourec S.A. (OTCMKTS:VLOWY) Sees Significant Drop in Short Interest

Vallourec S.A. (OTCMKTS:VLOWY) saw a significant decline in short interest in January. As of January 15th, there was short interest totalling 900 shares, a decline of 67.9% from the December 31st total of 2,800 shares. Based on an average daily volume of 7,000 shares, the short-interest ratio is presently 0.1 days.

Vallourec Stock Performance

Shares of VLOWY stock opened at $3.90 on Thursday. Vallourec has a 52 week low of $2.80 and a 52 week high of $4.15. The company has a market capitalization of $4.56 billion, a price-to-earnings ratio of 11.14 and a beta of 1.61. The company has a 50-day simple moving average of $3.61 and a 200 day simple moving average of $3.30. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.04 and a current ratio of 1.79.

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.