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Subsea 7 (OTCMKTS:SUBCY) Share Price Passes Below Fifty Day Moving Average - What's Next?

Subsea 7 logo with Oils/Energy background
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Shares of Subsea 7 S.A. (OTCMKTS:SUBCY - Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $16.49 and traded as low as $16.14. Subsea 7 shares last traded at $16.15, with a volume of 2,484 shares.

Subsea 7 Price Performance

The company has a market capitalization of $4.79 billion, a PE ratio of 79.20 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 stock has a 50 day moving average price of $16.52 and a two-hundred day moving average price of $16.59.

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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