Saipem (OTCMKTS:SAPMY) Trading Down 0% – Here’s Why

Saipem SpA (OTCMKTS:SAPMYGet Free Report) traded down 0% during mid-day trading on Thursday . The stock traded as low as $0.50 and last traded at $0.50. 784 shares changed hands during trading, a decline of 99% from the average session volume of 62,520 shares. The stock had previously closed at $0.51.

Saipem Price Performance

The business’s 50 day moving average is $0.48 and its 200-day moving average is $0.45.

Saipem Company Profile

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Saipem SpA provides energy and infrastructure solutions worldwide. The company operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. It offers development of subsea fields and pipelaying; installation and lifting of offshore structures; and engineering, implementation, installation, maintenance, modification, and decommissioning activities.

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