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Sembcorp Marine (OTCMKTS:SMBMF) Stock Price Up 13.2%

Defense World · Jan 7, 2023 02:02

Seatrium +1.32% SMBMF +0.00%

Shares of Sembcorp Marine Ltd (OTCMKTS:SMBMF – Get Rating) shot up 13.2% during trading on Friday . The stock traded as high as $0.11 and last traded at $0.11. 10,700 shares traded hands during mid-day trading, an increase of 111% from the average session volume of 5,075 shares. The stock had previously closed at $0.10.

Wall Street Analysts Forecast Growth

Separately, HSBC upgraded shares of Sembcorp Marine from a "hold" rating to a "buy" rating in a report on Monday, November 28th.

Get Sembcorp Marine alerts:

Sembcorp Marine Stock Up 13.2 %

The firm has a fifty day moving average price of $0.10 and a 200-day moving average price of $0.09.

Sembcorp Marine Company Profile

(Get Rating)

Sembcorp Marine Ltd, an investment holding company, provides offshore and marine engineering solutions worldwide. The company engages in the turnkey design, engineering, procurement, construction, and commissioning of offshore newbuilding and conversions, FSOs, FPSOs, FDPSOs, FPUs, MOPUs, gas terminals, FLNGs, FSRUs, jack-ups, semi-submersibles, drill ships, SSP solutions, TLPs, and SPARs.

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeline for any particular purpose of the above content.

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Sembcorp Marine (OTCMKTS:SMBMF) Stock Price Up 13.2%

Wall Street Analysts Forecast Growth

Sembcorp Marine Stock Up 13.2 %

Sembcorp Marine Company Profile

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