Saipem SpA (OTCMKTS:SAPMF – Get Free Report)’s share price hit a new 52-week high on Thursday . The company 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 50-day simple moving average is $1.72 and its 200-day simple moving average is $1.63. The company has a quick ratio of 1.12, a current ratio of 1.15 and a debt-to-equity ratio of 0.96.
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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