Saipem (OTCMKTS:SAPMF) Shares Down 7.1% – What’s Next?

Saipem SpA (OTCMKTS:SAPMFGet Free Report)’s share price was down 7.1% on Monday . The stock traded as low as $2.47 and last traded at $2.47. Approximately 486 shares changed hands during trading, a decline of 73% from the average daily volume of 1,829 shares. The stock had previously closed at $2.66.

Saipem Price Performance

The stock has a fifty day moving average price of $2.62 and a two-hundred day moving average price of $2.40.

About Saipem

(Get Free Report)

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.

Read More

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.