Seatrium (OTCMKTS:SMBMF) Trading Down 4.3% – Time to Sell?

Seatrium Limited (OTCMKTS:SMBMFGet Free Report)’s share price fell 4.3% on Thursday . The stock traded as low as $2.01 and last traded at $2.01. 426 shares changed hands during trading, a decline of 68% from the average session volume of 1,311 shares. The stock had previously closed at $2.10.

Seatrium Stock Down 4.3%

The company has a 50 day moving average price of $1.76 and a 200-day moving average price of $1.71.

Seatrium Company Profile

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Seatrium is a Singapore‐based integrated marine and offshore engineering group formed through the consolidation of two established industry players in early 2024. Headquartered in Singapore, the company delivers end-to-end solutions across the life cycle of offshore and marine assets. Its core services include engineering, procurement, construction, installation and commissioning (EPCIC) for a broad range of structures, vessels and platforms.

The company’s capabilities span the design and fabrication of offshore drilling rigs, production platforms, floating production, storage and offloading units (FPSOs), as well as the conversion and repair of marine vessels.

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