Vallourec SA (VLOWY)
| Previous close | 3.6300 |
| Open | 3.5500 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's range | 3.5390 - 3.5500 |
| 52-week range | 2.1000 - 4.1500 |
| Volume | |
| Avg. volume | 15,535 |
| Market cap | 4.261B |
| Beta (5Y monthly) | 2.42 |
| PE ratio (TTM) | 7.86 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 06 Jul 2021 |
| 1y target est | N/A |
- Zacks
ArcelorMittal (MT) Inks Agreement to Acquire Stake in Vallourec
ArcelorMittal (MT) to acquire a 28.4% stake in Vallourec. This will enhance downstream presence with a focus on Vallourec's expertise and low-carbon production centers.
- Reuters
ArcelorMittal to buy 28.4% stake in Vallourec for about $1 billion
ArcelorMittal, the world's second-largest steelmaker, said it signed an agreement with funds managed by Apollo Global Management to buy 65.24 million shares in the France-based company for 14.64 euros apiece. The Luxembourg-based holding company does not intend to launch a tender offer for Vallourec's remaining shares over the next six months, it added. "As a producer of premium tubular solutions, it (Vallourec)has a critical role to play in the energy transition, producing vital products for hydrogen, CCS and geothermal applications, for which demand is expected to grow... We look forward to being part of the company's future," Aditya Mittal, CEO of ArcelorMittal said.
- Zacks
Vallourec SA (VLOWY) Is Attractively Priced Despite Fast-paced Momentum
Vallourec SA (VLOWY) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
