Saipem (OTCMKTS:SAPMF - Get Free Report) dropped 1.1% on Wednesday . The stock traded as low as $2.72 and last traded at $2.72. Approximately 500 shares were traded during trading, a decline of 40% from the average daily volume of 832 shares. The stock had previously closed at $2.75.
Analyst Ratings Changes
Separately, Kepler Capital Markets upgraded Saipem from a "hold" rating to a "strong-buy" rating in a report on Friday, February 28th.
Check Out Our Latest Stock Report on SAPMF
Saipem Price Performance
The business has a 50 day moving average price of $2.38 and a 200 day moving average price of $2.41.
Saipem Company Profile
(
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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.
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