SBM Offshore (OTCMKTS:SBFFY) Trading 0.4% Higher – What’s Next?

Shares of SBM Offshore (OTCMKTS:SBFFYGet Free Report) rose 0.4% on Thursday . The stock traded as high as $17.50 and last traded at $17.50. Approximately 200 shares were traded during trading, a decline of 71% from the average daily volume of 700 shares. The stock had previously closed at $17.43.

Analyst Ratings Changes

Separately, Barclays raised shares of SBM Offshore to a “strong-buy” rating in a research note on Monday, November 18th.

View Our Latest Stock Analysis on SBFFY

SBM Offshore Price Performance

The stock’s fifty day moving average is $17.48 and its 200-day moving average is $17.63.

About SBM Offshore

(Get Free Report)

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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