Short Interest in Subsea 7 S.A. (OTCMKTS:SUBCY) Decreases By 90.0%

Subsea 7 S.A. (OTCMKTS:SUBCY) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 100 shares, a decline of 90.0% from the January 31st total of 1,000 shares. Based on an average daily volume of 6,700 shares, the short-interest ratio is presently 0.0 days.

Subsea 7 Trading Down 0.4 %

Shares of SUBCY stock traded down $0.06 during trading on Friday, hitting $15.78. 4,956 shares of the stock traded hands, compared to its average volume of 5,338. The firm has a market capitalization of $4.77 billion, a P/E ratio of 78.90 and a beta of 1.71. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.07 and a quick ratio of 1.05. The firm’s fifty day moving average price is $16.53 and its 200-day moving average price is $16.58. Subsea 7 has a 52-week low of $13.82 and a 52-week high of $19.60.

Subsea 7 (OTCMKTS:SUBCY) last released its quarterly earnings results on Thursday, February 27th. The energy company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.15). The firm had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.81 billion. Subsea 7 had a net margin of 1.63% and a return on equity of 2.37%. As a group, research analysts forecast that Subsea 7 will post 0.86 earnings per share for the current fiscal year.

Subsea 7 Company Profile

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.