Vallourec (EPA:VK) Share Price Crosses Above 200-Day Moving Average of $11.70

Vallourec S.A. (EPA:VK – Get Rating)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of €11.70 ($12.58) and traded as high as €13.47 ($14.48). Vallourec shares last traded at €13.05 ($14.03), with a volume of 2,665,920 shares trading hands.

Vallourec Price Performance

The business’s 50-day simple moving average is €13.35 and its two-hundred day simple moving average is €11.70.

About Vallourec

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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, and internationally. It operates through Seamless Tubes and Specialty Products 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.