Subsea 7 S.A. (OTCMKTS:SUBCY - Get Free Report)'s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $16.15 and traded as high as $17.35. Subsea 7 shares last traded at $17.30, with a volume of 1,368 shares trading hands.

Separately, JPMorgan Chase & Co. lowered Subsea 7 from an "overweight" rating to a "neutral" rating in a report on Thursday, October 17th.

Get Our Latest Stock Report on Subsea 7

The stock has a market cap of $5.23 billion, a price-to-earnings ratio of 86.50 and a beta of 1.72. The company's fifty day simple moving average is $16.15 and its two-hundred day simple moving average is $17.01. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.07 and a quick ratio of 1.05.

Subsea 7 SA delivers offshore projects and services for the energy industry worldwide. It provides subsea field development products and services, including project management, design and engineering, procurement, fabrication, survey, installation, and commissioning of production facilities on the seabed and the tie-back of its facilities to fixed or floating platforms or to the shore.

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