Subsea 7 S.A. (OTCMKTS:SUBCY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $16.96 and last traded at $16.65, with a volume of 2101 shares trading hands. The stock had previously closed at $16.61.
Subsea 7 Trading Up 0.2 %
The stock has a market capitalization of $5.07 billion, a P/E ratio of 416.35 and a beta of 1.79. The company has a current ratio of 1.24, a quick ratio of 1.21 and a debt-to-equity ratio of 0.14. The stock's fifty day moving average price is $14.84 and its two-hundred day moving average price is $14.11.
Subsea 7 (OTCMKTS:SUBCY - Get Free Report) last announced its quarterly earnings data on Thursday, February 29th. The energy company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by ($0.23). The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.66 billion. Subsea 7 had a return on equity of 0.35% and a net margin of 0.26%. Equities research analysts forecast that Subsea 7 S.A. will post 0.9 EPS for the current year.
Subsea 7 Cuts Dividend
The company also recently declared a dividend, which will be paid on Tuesday, May 14th. Investors of record on Tuesday, May 7th will be issued a dividend of $0.2827 per share. The ex-dividend date is Monday, May 6th. Subsea 7's dividend payout ratio is currently 950.24%.
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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