Shares of Vallourec S.A. (EPA:VK – Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €20.91 and traded as low as €20.85. Vallourec shares last traded at €20.85, with a volume of 530,488 shares trading hands.
Vallourec Trading Down 0.7%
The firm has a 50-day moving average of €23.15 and a 200 day moving average of €20.91.
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.
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