SBM Offshore (OTCMKTS:SBFFF – Get Free Report) was down 3.1% during mid-day trading on Tuesday . The company traded as low as $17.75 and last traded at $17.75. Approximately 250 shares changed hands during trading, a decline of 82% from the average daily volume of 1,413 shares. The stock had previously closed at $18.32.
SBM Offshore Stock Down 3.1 %
The company’s fifty day moving average price is $18.33 and its two-hundred day moving average price is $16.64.
About SBM Offshore
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.
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