Subsea 7 (OTCMKTS:SUBCY) Stock Crosses Below 50 Day Moving Average of $18.41

Subsea 7 S.A. (OTCMKTS:SUBCY)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $18.41 and traded as low as $17.03. Subsea 7 shares last traded at $17.06, with a volume of 20,196 shares changing hands.

Subsea 7 Stock Performance

The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.05 and a current ratio of 1.07. The stock has a 50 day moving average of $18.37 and a 200 day moving average of $17.21. The stock has a market capitalization of $5.19 billion, a P/E ratio of 85.30 and a beta of 1.77.

Subsea 7 (OTCMKTS:SUBCY) last released its quarterly earnings results on Thursday, July 25th. The energy company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.04). The firm had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.73 billion. Subsea 7 had a return on equity of 2.37% and a net margin of 1.63%. Equities analysts predict that Subsea 7 S.A. will post 0.86 EPS for the current 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.