Saipem (OTCMKTS:SAPMF – Get Free Report) is expected to issue its results on Wednesday, November 18th. Analysts expect Saipem to post earnings of ($0.2950) per share and revenue of $4.40 billion for the quarter.
Saipem Stock Performance
Shares of OTCMKTS:SAPMF opened at $4.71 on Wednesday. The company has a fifty day simple moving average of $4.95 and a 200 day simple moving average of $4.73. Saipem has a 12-month low of $2.55 and a 12-month high of $5.70.
About Saipem
Saipem is an Italian engineering and construction company that delivers complex projects and services for the energy and infrastructure industries. Established in 1957, it has grown into an international contractor serving clients across multiple regions. The company’s work includes the engineering, procurement, construction and installation of offshore and onshore facilities, subsea systems, pipelines and related infrastructure. Saipem also provides offshore and onshore drilling services and supports projects in areas such as renewable energy and decarbonization.
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