Saipem (OTCMKTS:SAPMF) Trading 4.7% Higher – Time to Buy?

Saipem SpA (OTCMKTS:SAPMFGet Free Report) shares traded up 4.7% on Thursday . The company traded as high as $2.23 and last traded at $2.23. 353 shares were traded during trading, an increase of 255% from the average session volume of 100 shares. The stock had previously closed at $2.13.

Saipem Trading Up 4.7 %

The stock has a fifty day moving average price of $2.21 and a two-hundred day moving average price of $2.33.

About Saipem

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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.

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