Saipem SpA (OTCMKTS:SAPMF – Get Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.37 and traded as low as $2.37. Saipem shares last traded at $2.37, with a volume of 400 shares trading hands.
Wall Street Analyst Weigh In
Separately, Kepler Capital Markets raised Saipem from a “hold” rating to a “strong-buy” rating in a report on Friday, February 28th.
View Our Latest Stock Analysis on SAPMF
Saipem Stock Performance
Saipem Company Profile
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.
See Also
- Five stocks we like better than Saipem
- How to Profit From Growth Investing
- Venezuelan Tariffs Could Power These 3 Diesel-Driven Winners
- What Are Trending Stocks? Trending Stocks Explained
- MarketBeat Week in Review – 03/24 – 03/28
- Compound Interest and Why It Matters When Investing
- Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low
Receive News & Ratings for Saipem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saipem and related companies with MarketBeat.com's FREE daily email newsletter.
