SBM Offshore (OTCMKTS:SBFFF) Shares Up 0.6% – Still a Buy?

SBM Offshore (OTCMKTS:SBFFFGet Free Report)’s stock price was up 0.6% during mid-day trading on Thursday . The stock traded as high as $18.20 and last traded at $18.20. Approximately 214 shares changed hands during trading, a decline of 54% from the average daily volume of 463 shares. The stock had previously closed at $18.10.

SBM Offshore Price Performance

The company has a 50 day moving average price of $17.84 and a 200 day moving average price of $17.61.

About SBM Offshore

(Get Free Report)

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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