Subsea 7 SA (OTCMKTS:SUBCY – Get Free Report) shares passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $32.45 and traded as low as $31.93. Subsea 7 shares last traded at $31.93, with a volume of 21,634 shares trading hands.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the stock. UBS Group restated a “buy” rating on shares of Subsea 7 in a report on Wednesday, August 5th. Rothschild & Co Redburn upgraded shares of Subsea 7 from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.
Read Our Latest Report on Subsea 7
Subsea 7 Trading Down 2.6%
The stock has a 50-day simple moving average of $34.48 and a 200 day simple moving average of $32.45. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.07. The company has a market cap of $9.44 billion, a price-to-earnings ratio of 15.50 and a beta of 1.23.
Subsea 7 Company Profile
Further Reading
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