VALLOUREC SA/S (OTCMKTS:VLOWY) Receives “Hold” Rating from Zacks Investment Research

Zacks Investment Research reiterated their hold rating on shares of VALLOUREC SA/S (OTCMKTS:VLOWY) in a report published on Saturday, Zacks.com reports.

According to Zacks, “Vallourec SA, provides tubular solutions primarily to the energy markets and industrial applications worldwide. Its products are used by the automobile, oil and gas refining, petrochemical, transport mechanical, construction, and aerospace industries. Vallourec offers various products such as tubes and accessories for drill strings, including drill pipes, drill collars, and heavy-weight drill pipes, tubes for well equipment, standard or premium connections and underwater line-pipe. It also produces furnace tubes, heat exchanger tubes, and fittings for pipework. Vallourec SA, is headquartered in Boulogne-Billancourt, France. “

VLOWY stock opened at $0.52 on Friday. VALLOUREC SA/S has a 52-week low of $0.27 and a 52-week high of $1.28. The company’s 50 day moving average price is $0.49. The company has a current ratio of 1.32, a quick ratio of 0.76 and a debt-to-equity ratio of 0.81.

VALLOUREC SA/S (OTCMKTS:VLOWY) last released its quarterly earnings results on Thursday, May 16th. The energy company reported ($0.05) earnings per share (EPS) for the quarter. VALLOUREC SA/S had a negative net margin of 10.37% and a negative return on equity of 17.59%. The firm had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.16 billion. Equities research analysts anticipate that VALLOUREC SA/S will post -0.11 EPS for the current fiscal year.

About VALLOUREC SA/S

Vallourec SA, through its subsidiaries, provides tubular solutions primarily for the energy markets and other industrial applications in the European Union, North America, South America, Asia, the Middle East, and internationally. It operates through Seamless Tubes and Specialty Products segments. The company produces hot-rolled seamless carbon and alloy steel tubes for the oil and gas, power generation, chemical and petrochemical, and automotive and mechanical engineering industries, as well as produces stainless steel and titanium tubes.

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