Subsea 7 (OTCMKTS:SUBCY - Get Free Report) announced its quarterly earnings results on Thursday. The energy company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.15), Zacks reports. The company had revenue of $1.87 billion for the quarter, compared to analysts' expectations of $1.81 billion. Subsea 7 had a net margin of 1.63% and a return on equity of 2.37%.
Subsea 7 Stock Performance
OTCMKTS SUBCY traded down $0.67 during mid-day trading on Monday, reaching $14.59. 16,345 shares of the stock were exchanged, compared to its average volume of 5,946. The company has a market capitalization of $4.41 billion, a P/E ratio of 72.95 and a beta of 1.71. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.05 and a current ratio of 1.07. The business's 50 day moving average is $16.53 and its 200-day moving average is $16.55. Subsea 7 has a 1 year low of $14.59 and a 1 year high of $19.60.
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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