Subsea 7 (OTCMKTS:SUBCY) Trading Down 0.8% – Should You Sell?

Subsea 7 SA (OTCMKTS:SUBCY)’s stock price was down 0.8% during trading on Thursday . The company traded as low as $19.45 and last traded at $19.50. Approximately 4,581 shares changed hands during trading, a decline of 10% from the average daily volume of 5,064 shares. The stock had previously closed at $19.65.

Wall Street Analyst Weigh In

Separately, UBS Group reissued a “neutral” rating on shares of Subsea 7 in a research note on Monday, November 24th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Subsea 7 currently has an average rating of “Moderate Buy”.

Subsea 7 Price Performance

The stock has a market capitalization of $5.84 billion, a P/E ratio of 20.14 and a beta of 1.15. The company’s 50 day simple moving average is $19.18 and its two-hundred day simple moving average is $19.36. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.97 and a quick ratio of 0.95.

Subsea 7 (OTCMKTS:SUBCY) last announced its earnings results on Thursday, November 20th. The energy company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.07). Subsea 7 had a return on equity of 6.66% and a net margin of 4.08%.The business had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.89 billion. As a group, equities analysts expect that Subsea 7 SA will post 0.86 EPS for the current fiscal year.

About Subsea 7

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.