(vianews) - the market ended the session with vallourec (vk.pa) jumping 9.2% to €16.20 on wednesday while cac 40 jumped 0.62% to €8,137.58.
vallourec's last close was €14.84, 1.46% under its 52-week high of €15.06.
about vallourec
vallourec s.a., 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; casings; tubings; vam connections; rigid subsea line pipes, onshore rigid line pipes, and specialized 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 oil and gas. its oil and gas market services include assistance in lowering tubes, inspecting connections, and supervising assembly; repair services for its products and thread tubes inventory management; tube inspection, maintenance, and repair services; on-site services; preparation for drilling operations; well coordination and supply services based on the drilling programs; integrated solutions for the subsea line pipe market comprising welding, coating, insulation, logistics, and service agreements; and tube coating and welding services. the company's power generation market products and services comprise seamless tubes for steam generators. its industrial market products and services include tubes and hollow bars, as well as circular, square, rectangular, and octagonal sections; tubular solutions for infrastructure construction; tubes and rings to manufacture cranes, construction machinery, agricultural machinery, and hydraulic cylinders; and tubes and axles for automotive manufacturers. the company is also involved in the iron ore production business. vallourec s.a. was founded in 1899 and is based in meudon, france.
earnings per share
as for profitability, vallourec has a trailing twelve months eps of €2.07.
pe ratio
vallourec has a trailing twelve months price to earnings ratio of 7.83. meaning, the purchaser of the share is investing €7.83 for every euro of annual earnings.
return on equity
the company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 21.69%.
stock price classification
according to the stochastic oscillator, a useful indicator of overbought and oversold conditions, vallourec's stock is considered to be oversold (<=20).
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