Subsea 7 S.A. (OTCMKTS:SUBCY) Short Interest Up 2,800.0% in February

Subsea 7 S.A. (OTCMKTS:SUBCY - Get Free Report) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 2,900 shares, an increase of 2,800.0% from the February 13th total of 100 shares. Based on an average daily volume of 15,800 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company's stock are sold short.

Subsea 7 Stock Up 0.8 %

Shares of OTCMKTS:SUBCY traded up $0.12 during trading on Friday, reaching $15.11. 1,586 shares of the stock were exchanged, compared to its average volume of 5,505. The stock has a fifty day moving average of $16.29 and a two-hundred day moving average of $16.29. Subsea 7 has a 1-year low of $14.18 and a 1-year high of $19.60. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.07 and a quick ratio of 1.05. The firm has a market cap of $4.57 billion, a price-to-earnings ratio of 75.55 and a beta of 1.70.

Subsea 7 (OTCMKTS:SUBCY - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The energy company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by ($0.15). The business had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.81 billion. Subsea 7 had a net margin of 1.63% and a return on equity of 2.37%. Research analysts anticipate that Subsea 7 will post 0.86 earnings per share for the current fiscal year.

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Analyst Upgrades and Downgrades

Separately, Barclays raised shares of Subsea 7 from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 4th.

About Subsea 7

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.