Vallourec (EPA:VK) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Vallourec S.A. (EPA:VKGet Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €14.92 ($15.38) and traded as high as €18.17 ($18.73). Vallourec shares last traded at €18.10 ($18.65), with a volume of 486,046 shares.

Vallourec Price Performance

The company has a fifty day simple moving average of €16.54 and a two-hundred day simple moving average of €14.95.

Vallourec Company Profile

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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.

Further Reading

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