Vallourec (OTCMKTS:VLOUF) Shares Up 12.9% – Here’s Why

Vallourec S.A. ( OTCMKTS:VLOUF – Get Free Report ) shares shot up 12.

9% during mid-day trading on Monday . The stock traded as high as $17.81 and last traded at $17.



73. 300 shares traded hands during trading, an increase of 88% from the average session volume of 160 shares. The stock had previously closed at $15.

70. Vallourec Stock Performance The company has a 50 day moving average price of $15.35 and a 200-day moving average price of $16.

01. About Vallourec ( Get Free Report ) 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. Recommended Stories Receive News & Ratings for Vallourec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vallourec and related companies with MarketBeat.com's FREE daily email newsletter .

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