Vallourec (OTCMKTS:VLOWY) Sets New 1-Year High – Time to Buy?

Vallourec S.A. (OTCMKTS:VLOWY)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $4.19 and last traded at $3.97, with a volume of 10414 shares traded. The stock had previously closed at $3.77.

Vallourec Stock Up 5.4 %

The firm has a market capitalization of $4.65 billion, a PE ratio of 11.35 and a beta of 1.60. The company has a current ratio of 1.79, a quick ratio of 1.04 and a debt-to-equity ratio of 0.32. The stock has a 50 day simple moving average of $3.75 and a 200 day simple moving average of $3.39.

Vallourec Company Profile

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.