|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||7.71 - 7.84|
|52-week range||6.47 - 10.90|
|Beta (5Y monthly)||1.70|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.11 (1.30%)|
|Ex-dividend date||28 Apr 2022|
|1y target est||N/A|
After losing some value lately, a hammer chart pattern has been formed for Subsea 7 SA (SUBCY), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
Schlumberger (SLB) and Subsea 7 will provide subsurface equipment for the Sakarya gas field development, which is expected to boost Turkey's domestic gas production.