Subsea 7 S.A. (OTCMKTS:SUBCY - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $17.73 and last traded at $17.71, with a volume of 821 shares. The stock had previously closed at $17.71.
Subsea 7 Price Performance
The company has a 50-day moving average of $16.39 and a 200-day moving average of $14.77. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.05 and a current ratio of 1.07. The stock has a market cap of $5.39 billion, a price-to-earnings ratio of 88.53 and a beta of 1.77.
Subsea 7 (OTCMKTS:SUBCY - Get Free Report) last released its earnings results on Thursday, April 25th. The energy company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.09) by $0.18. Subsea 7 had a return on equity of 1.43% and a net margin of 1.02%. The business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.30 billion. As a group, equities research analysts predict that Subsea 7 S.A. will post 0.91 earnings per share for the current year.
Subsea 7 Cuts Dividend
The company also recently disclosed a dividend, which was paid on Tuesday, May 14th. Shareholders of record on Tuesday, May 7th were given a dividend of $0.2827 per share. The ex-dividend date was Monday, May 6th. Subsea 7's payout ratio is currently 140.00%.
Subsea 7 Company Profile
(
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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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