Subsea 7 S.A. (OTCMKTS:SUBCY) Short Interest Update

Subsea 7 S.A. (OTCMKTS:SUBCY) was the recipient of a large decrease in short interest in February. As of February 15th, there was short interest totalling 100 shares, a decrease of 90.0% from the January 31st total of 1,000 shares. Based on an average daily volume of 6,700 shares, the short-interest ratio is currently 0.0 days.

Subsea 7 Price Performance

SUBCY stock traded down $0.06 during trading on Friday, reaching $15.78. The company’s stock had a trading volume of 4,956 shares, compared to its average volume of 5,338. The company’s fifty day moving average is $16.53 and its 200-day moving average is $16.58. Subsea 7 has a 1 year low of $13.82 and a 1 year high of $19.60. The company has a market capitalization of $4.77 billion, a P/E ratio of 78.90 and a beta of 1.71. The company has a quick ratio of 1.05, a current ratio of 1.07 and a debt-to-equity ratio of 0.16.

Subsea 7 (OTCMKTS:SUBCY) last issued its earnings results on Thursday, February 27th. The energy company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.15). The company had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.81 billion. Subsea 7 had a return on equity of 2.37% and a net margin of 1.63%. On average, research analysts expect that Subsea 7 will post 0.86 earnings per share for the current fiscal year.

About Subsea 7

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.