A number of other research analysts have also weighed in on VLOWY. Zacks Investment Research lowered shares of Vallourec from a “buy” rating to a “hold” rating in a research note on Wednesday. Kepler Capital Markets raised shares of Vallourec from a “reduce” rating to a “hold” rating and set a $8.40 price objective on the stock in a research note on Tuesday. Oddo Bhf upgraded shares of Vallourec from a “neutral” rating to an “outperform” rating in a report on Friday, July 9th. Jefferies Financial Group upgraded shares of Vallourec from a “hold” rating to a “buy” rating in a report on Tuesday, June 29th. Finally, Societe Generale upgraded shares of Vallourec from a “hold” rating to a “buy” rating in a report on Tuesday, June 22nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. Vallourec presently has a consensus rating of “Hold” and a consensus price target of $5.20.
OTCMKTS VLOWY traded up $0.15 on Thursday, hitting $1.95. 1,323 shares of the company were exchanged, compared to its average volume of 3,704. The stock has a market capitalization of $2.23 billion, a P/E ratio of -0.17 and a beta of 2.98. Vallourec has a 12 month low of $1.67 and a 12 month high of $9.93. The stock’s fifty day moving average is $5.69. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.47 and a current ratio of 0.63.
Vallourec SA, through its subsidiaries, provides tubular solutions for oil and gas, industry, and power generation in Europe, North America, South America, Asia, the Middle East, and internationally. It operates through Seamless Tubes and Specialty Products segments. The company offers seamless tubes for refineries, petrochemical facilities, and floating liquefied natural gas plants, as well as production, storage, and offloading units; casings; tubings; VAM connections; rigid subsea line pipes, onshore rigid line pipes, specialized tubes, and process tubes for transportation of oil and gas; and carbon steel and steel alloy tubes, hollow bars, and connections for the processing of industrial fluids and hydrocarbons.
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