News headlines about SAIPEM S P A/ADR (OTCMKTS:SAPMY) have been trending somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SAIPEM S P A/ADR earned a daily sentiment score of 0.67 on their scale. InfoTrie also gave media stories about the company an news buzz score of 6 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock’s share price in the near term.
A number of equities analysts recently issued reports on the stock. Barclays upgraded shares of SAIPEM S P A/ADR to a “buy” rating in a research report on Tuesday, August 14th. Jefferies Financial Group upgraded shares of SAIPEM S P A/ADR to a “hold” rating in a research report on Thursday, August 16th.
SAPMY traded up $0.16 on Thursday, reaching $10.72. The company had a trading volume of 4,916 shares, compared to its average volume of 15,466. SAIPEM S P A/ADR has a one year low of $7.56 and a one year high of $12.81.
Saipem S.p.A., together with its subsidiaries, engages in the drilling, engineering, procurement, construction, and installation businesses worldwide. The company operates through five divisions: Offshore E&C, Onshore E&C, Offshore Drilling, Onshore Drilling, and Floaters segments. It provides engineering, procurement, project management, and construction services primarily for the oil and gas, complex civil and marine infrastructure, and environmental markets.
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