Saipem SpA (OTCMKTS:SAPMF - Get Free Report) reached a new 52-week low on Friday . The stock traded as low as $1.94 and last traded at $1.94, with a volume of 130 shares trading hands. The stock had previously closed at $2.26.
Analyst Upgrades and Downgrades
Separately, Kepler Capital Markets raised Saipem from a "hold" rating to a "strong-buy" rating in a report on Friday, February 28th.
View Our Latest Analysis on SAPMF
Saipem Stock Performance
The stock has a 50 day simple moving average of $2.27 and a 200-day simple moving average of $2.39.
About Saipem
(
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Saipem SpA provides energy and infrastructure solutions worldwide. The company operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. It offers development of subsea fields and pipelaying; installation and lifting of offshore structures; and engineering, implementation, installation, maintenance, modification, and decommissioning activities.
Further Reading
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