Shares of Subsea 7 S.A. (OTCMKTS:SUBCY - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as $16.67 and last traded at $16.61, with a volume of 4714 shares changing hands. The stock had previously closed at $16.35.
Subsea 7 Stock Performance
The company has a debt-to-equity ratio of 0.14, a current ratio of 1.24 and a quick ratio of 1.21. The business has a 50-day simple moving average of $14.53 and a 200 day simple moving average of $13.99. The firm has a market cap of $5.05 billion, a PE ratio of 415.25 and a beta of 1.79.
Subsea 7 (OTCMKTS:SUBCY - Get Free Report) last released its earnings results on Thursday, February 29th. The energy company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.23). Subsea 7 had a return on equity of 0.35% and a net margin of 0.26%. The business had revenue of $1.63 billion for the quarter, compared to analysts' expectations of $1.66 billion. Equities research analysts forecast that Subsea 7 S.A. will post 0.91 EPS for the current year.
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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