Shares of Saipem SpA (OTCMKTS:SAPMF - Get Free Report) dropped 7.1% on Monday . The stock traded as low as $2.47 and last traded at $2.47. Approximately 486 shares were traded during trading, a decline of 73% from the average daily volume of 1,829 shares. The stock had previously closed at $2.66.
Saipem Trading Down 7.1 %
The stock has a fifty day moving average of $2.61 and a 200-day moving average of $2.40.
About Saipem
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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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