Saipem SpA (OTCMKTS:SAPMF – Get Free Report)’s share price traded down 6.7% on Tuesday . The company traded as low as $2.38 and last traded at $2.38. 1,000 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 6,795 shares. The stock had previously closed at $2.55.
Saipem Price Performance
The business’s 50-day simple moving average is $2.06 and its two-hundred day simple moving average is $1.74.
Saipem Company Profile
Saipem SpA provides energy and infrastructure solutions worldwide. The company operates through divisions Offshore Engineering & Construction (E&C), Onshore Engineering & Construction, and Offshore Drilling. 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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