Shares of Subsea 7 S.A. (OTCMKTS:SUBCY - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $12.93 and last traded at $12.93, with a volume of 8114 shares trading hands. The stock had previously closed at $15.00.
Analyst Upgrades and Downgrades
Separately, Barclays upgraded shares of Subsea 7 from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 4th.
Check Out Our Latest Research Report on SUBCY
Subsea 7 Stock Performance
The firm has a market capitalization of $4.00 billion, a price-to-earnings ratio of 66.25 and a beta of 1.38. The company has a 50-day moving average price of $15.49 and a 200-day moving average price of $15.99. The company has a quick ratio of 1.05, a current ratio of 1.07 and a debt-to-equity ratio of 0.16.
Subsea 7 (OTCMKTS:SUBCY - Get Free Report) last announced its quarterly earnings results on Thursday, February 27th. The energy company reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($0.15). The business had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.81 billion. Subsea 7 had a return on equity of 2.37% and a net margin of 1.63%. As a group, equities research analysts forecast that Subsea 7 S.A. will post 0.86 earnings per share for the current year.
Subsea 7 Company Profile
(
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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.
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