SBM Offshore (OTCMKTS:SBFFF) Stock Price Down 6.1% – Here’s What Happened

SBM Offshore (OTCMKTS:SBFFFGet Free Report)’s stock price traded down 6.1% on Monday . The stock traded as low as $16.90 and last traded at $16.90. 550 shares changed hands during trading, a decline of 57% from the average session volume of 1,286 shares. The stock had previously closed at $18.00.

SBM Offshore Price Performance

The firm’s fifty day moving average price is $18.06 and its 200-day moving average price is $17.22.

About SBM Offshore

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SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. It operates in two segments, Lease and Operate, and Turnkey. It engages in the design, supply, installation, operation, lease, and life extension of floating production storage and offloading (FPSO) vessels, as well as semi-submersibles, tension leg floaters, turret mooring systems, floating offshore wind, and brownfield and offshore loading terminals.

Further Reading

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