SBM Offshore (OTCMKTS:SBFFY – Get Free Report)’s share price was up 4.1% during trading on Friday . The stock traded as high as $17.60 and last traded at $17.60. Approximately 266 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 725 shares. The stock had previously closed at $16.90.
Wall Street Analyst Weigh In
Separately, Barclays upgraded SBM Offshore to a “strong-buy” rating in a report on Monday, November 18th.
Read Our Latest Report on SBM Offshore
SBM Offshore Stock Performance
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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