Subsea 7 (OTCMKTS:SUBCY) Sets New 1-Year High at $17.73

Subsea 7 S.A. (OTCMKTS:SUBCY) reached a new 52-week high on Tuesday . The company traded as high as $17.73 and last traded at $17.71, with a volume of 821 shares traded. The stock had previously closed at $17.71.

Subsea 7 Trading Down 1.9 %

The company has a market capitalization of $5.19 billion, a PE ratio of 87.00 and a beta of 1.77. The company has a fifty day simple moving average of $16.48 and a 200-day simple moving average of $14.82. The company has a current ratio of 1.07, a quick ratio of 1.05 and a debt-to-equity ratio of 0.16.

Subsea 7 (OTCMKTS:SUBCY) last released its quarterly earnings data on Thursday, April 25th. The energy company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.18. The firm had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Subsea 7 had a net margin of 1.02% and a return on equity of 1.43%. Analysts predict that Subsea 7 S.A. will post 0.91 EPS for the current year.

Subsea 7 Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, May 14th. Investors of record on Tuesday, May 7th were issued a $0.2827 dividend. The ex-dividend date of this dividend was Monday, May 6th. Subsea 7’s dividend payout ratio is presently 140.00%.

Subsea 7 Company Profile

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.