Saipem SpA (OTCMKTS:SAPMF - Get Free Report)'s share price was up 2.7% during mid-day trading on Tuesday . The stock traded as high as $2.43 and last traded at $2.43. Approximately 1,500 shares were traded during trading, a decline of 6% from the average daily volume of 1,595 shares. The stock had previously closed at $2.37.
Wall Street Analysts Forecast Growth
Separately, Kepler Capital Markets raised shares of Saipem from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 28th.
View Our Latest Research Report on Saipem
Saipem Stock Performance
The business's fifty day simple moving average is $2.20 and its 200-day simple moving average is $2.39.
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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