SBM Offshore (OTCMKTS:SBFFF) Stock Price Down 3.1% – Time to Sell?

SBM Offshore (OTCMKTS:SBFFFGet Free Report) fell 3.1% on Tuesday . The company traded as low as $17.75 and last traded at $17.75. 250 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 1,413 shares. The stock had previously closed at $18.32.

SBM Offshore Price Performance

The firm has a fifty day moving average price of $18.30 and a 200-day moving average price of $16.66.

SBM Offshore Company Profile

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SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. It operates in two segments, Lease and Operate, and Turnkey. It engages in the design, supply, installation, operation, lease, and life extension of floating production storage and offloading (FPSO) vessels, as well as semi-submersibles, tension leg floaters, turret mooring systems, floating offshore wind, and brownfield and offshore loading terminals.

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