Saipem SpA (OTCMKTS:SAPMF – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $2.58 and last traded at $2.58, with a volume of 1000 shares changing hands. The stock had previously closed at $2.35.
Saipem Stock Performance
The firm’s fifty day moving average price is $1.72 and its 200 day moving average price is $1.63. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.15 and a quick ratio of 1.12.
About Saipem
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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