Saipem SpA (OTCMKTS:SAPMF - Get Free Report)'s share price hit a new 52-week low on Thursday . The stock traded as low as $1.81 and last traded at $1.81, with a volume of 100 shares. The stock had previously closed at $1.87.
Analyst Upgrades and Downgrades
Separately, Kepler Capital Markets upgraded shares of Saipem from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 28th.
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Saipem Price Performance
The stock has a 50 day moving average of $2.23 and a 200 day moving average of $2.38.
Saipem Company Profile
(
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Saipem SpA provides energy and infrastructure solutions worldwide. The company operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. It offers development of subsea fields and pipelaying; installation and lifting of offshore structures; and engineering, implementation, installation, maintenance, modification, and decommissioning activities.
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