Subsea 7 SA (OTC:SUBCY – Get Free Report)’s share price rose 1.9% on Friday . The stock traded as high as $15.98 and last traded at $15.95. Approximately 13,501 shares changed hands during mid-day trading, an increase of 107% from the average daily volume of 6,527 shares. The stock had previously closed at $15.65.
Subsea 7 Stock Performance
The company has a current ratio of 1.02, a quick ratio of 0.99 and a debt-to-equity ratio of 0.14. The stock has a market cap of $4.82 billion, a price-to-earnings ratio of 29.54 and a beta of 1.41. The stock’s 50-day simple moving average is $14.91 and its 200-day simple moving average is $15.70.
About Subsea 7
Subsea 7 SA delivers offshore projects and services for the energy industry worldwide. It provides subsea field development products and services, including project management, design and engineering, procurement, fabrication, survey, installation, and commissioning of production facilities on the seabed and the tie-back of its facilities to fixed or floating platforms or to the shore.
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