Subsea 7 (OTC:SUBCY) Stock Price Down 1.1% – Time to Sell?

Subsea 7 SA (OTC:SUBCYGet Free Report) was down 1.1% during trading on Monday . The stock traded as low as $15.82 and last traded at $15.92. Approximately 19,156 shares were traded during trading, an increase of 255% from the average daily volume of 5,402 shares. The stock had previously closed at $16.10.

Subsea 7 Price Performance

The firm has a market capitalization of $4.75 billion, a price-to-earnings ratio of 29.08 and a beta of 1.70. The business has a fifty day moving average of $16.01 and a two-hundred day moving average of $16.20. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.99 and a current ratio of 1.02.

About Subsea 7

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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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