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

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

Subsea 7 Trading Down 4.6 %

Subsea 7 stock traded down $0.77 during mid-day trading on Thursday, hitting $15.84. 3,030 shares of the stock were exchanged, compared to its average volume of 5,349. 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 has a 12 month low of $13.80 and a 12 month high of $19.60. The firm’s fifty day simple moving average is $16.53 and its two-hundred day simple moving average is $16.59. The stock has a market capitalization of $4.79 billion, a price-to-earnings ratio of 79.20 and a beta of 1.71.

Subsea 7 (OTCMKTS:SUBCY) last posted its quarterly earnings data on Thursday, February 27th. The energy company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.15). Subsea 7 had a return on equity of 2.37% and a net margin of 1.63%. Analysts forecast that Subsea 7 will post 0.86 EPS for the current year.

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.