SBM Offshore (OTCMKTS:SBFFY – Get Free Report) traded down 1.9% during mid-day trading on Thursday . The company traded as low as $14.80 and last traded at $15.31. 350 shares traded hands during trading, a decline of 30% from the average session volume of 503 shares. The stock had previously closed at $15.60.
SBM Offshore Stock Performance
The stock’s 50-day moving average is $15.56 and its 200-day moving average is $14.50.
About SBM Offshore
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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