Shares of Subsea 7 S.A. (OTCMKTS:SUBCY - Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $16.15 and traded as high as $17.35. Subsea 7 shares last traded at $17.30, with a volume of 1,368 shares trading hands.
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. lowered shares of Subsea 7 from an "overweight" rating to a "neutral" rating in a research note on Thursday, October 17th.
Check Out Our Latest Report on Subsea 7
Subsea 7 Stock Down 0.1 %
The stock has a market cap of $5.23 billion, a P/E ratio of 86.50 and a beta of 1.72. The company has a current ratio of 1.07, a quick ratio of 1.05 and a debt-to-equity ratio of 0.16. The stock's 50-day moving average is $16.15 and its 200-day moving average is $17.01.
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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