Vallourec S.A. (OTCMKTS:VLOWY) Short Interest Up 9,466.7% in October

Vallourec S.A. (OTCMKTS:VLOWY) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 86,100 shares, an increase of 9,466.7% from the September 30th total of 900 shares. Based on an average daily volume of 33,000 shares, the short-interest ratio is presently 2.6 days.

Vallourec Stock Up 2.6 %

VLOWY opened at $3.12 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.08 and a quick ratio of 1.27. Vallourec has a one year low of $2.38 and a one year high of $4.15. The firm has a market capitalization of $3.59 billion, a P/E ratio of 7.81 and a beta of 1.68. The company has a fifty day moving average price of $3.05 and a 200-day moving average price of $3.30.

Vallourec (OTCMKTS:VLOWY) last announced its earnings results on Friday, July 26th. The energy company reported $0.10 earnings per share for the quarter. Vallourec had a return on equity of 17.51% and a net margin of 8.83%. The business had revenue of $1.17 billion for the quarter. Equities research analysts expect that Vallourec will post 0.38 earnings per share for the current fiscal year.

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.