Saipem (OTCMKTS:SAPMY) Stock Price Up 2.2% – Still a Buy?

by · The Markets Daily

Saipem SpA (OTCMKTS:SAPMY – Get Free Report) rose 2.2% during mid-day trading on Thursday . The stock traded as high as $0.50 and last traded at $0.50. Approximately 15,995 shares were traded during trading, an increase of 54% from the average daily volume of 10,405 shares. The stock had previously closed at $0.49.

Saipem Trading Down 0.6 %

The business’s fifty day simple moving average is $0.45 and its 200 day simple moving average is $0.44.

About Saipem

(Get Free Report)

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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