Shares of SBM Offshore (OTCMKTS:SBFFF – Get Free Report) fell 6.1% on Monday . The stock traded as low as $16.90 and last traded at $16.90. 550 shares changed hands during mid-day trading, a decline of 57% from the average session volume of 1,286 shares. The stock had previously closed at $18.00.
SBM Offshore Price Performance
The company has a 50 day moving average of $18.04 and a two-hundred day moving average of $17.24.
SBM Offshore Company Profile
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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