SBM Offshore (OTCMKTS:SBFFY) Shares Down 1.9%

SBM Offshore (OTCMKTS:SBFFYGet Free Report)’s share price fell 1.9% on Thursday . The stock traded as low as $14.80 and last traded at $15.31. 350 shares were traded during trading, a decline of 30% from the average session volume of 503 shares. The stock had previously closed at $15.60.

SBM Offshore Stock Performance

The firm’s 50 day moving average is $15.56 and its two-hundred day moving average is $14.50.

SBM Offshore Company Profile

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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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