Subsea 7 S.A. (OTCMKTS:SUBCY - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $15.83 and traded as low as $15.57. Subsea 7 shares last traded at $15.65, with a volume of 6,590 shares.
Analyst Upgrades and Downgrades
A number of research analysts have commented on the company. BNP Paribas reaffirmed a "neutral" rating on shares of Subsea 7 in a report on Monday, September 9th. JPMorgan Chase & Co. downgraded shares of Subsea 7 from an "overweight" rating to a "neutral" rating in a research note on Thursday, October 17th.
Get Our Latest Stock Analysis on SUBCY
Subsea 7 Price Performance
The company has a quick ratio of 1.05, a current ratio of 1.07 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $4.72 billion, a P/E ratio of 78.15 and a beta of 1.74. The company's fifty day moving average price is $15.82 and its 200 day moving average price is $17.16.
Subsea 7 Dividend Announcement
The business also recently disclosed a dividend, which was paid on Thursday, November 7th. Shareholders of record on Thursday, October 31st were paid a dividend of $0.2827 per share. The ex-dividend date of this dividend was Thursday, October 31st. Subsea 7's dividend payout ratio (DPR) is presently 100.00%.
About Subsea 7
(
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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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