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Are you looking to buy Saipem stocks? Chech our Reportlab with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy OTC:SAPMY! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Saipem stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
Saipem SpA engages in the engineering, drilling, and construction of projects in the energy and infrastructure sectors worldwide. The company operates through five divisions: Offshore Engineering & Construction (E&C), Onshore Engineering & Construction, Offshore Drilling, Onshore Drilling, and XSIGHT. It offers offshore E&C products and services, including platforms, pipelines, undersea field developments, maintenance, modification, and operation activities. The company also designs and builds plants, pipelines, pumping stations, compressor stations, and terminals; and provides engineering, procurement, project management, and construction services primarily for the oil and gas, civic and maritime infrastructures, and environmental markets. In addition, it provides offshore and onshore drilling services; refining, synthesis gas and fertilizers, petrochemical, and renewables and green technologies; upstream and liquefied natural gas projects; high tech floaters; offshore full field developments; trunklines; and decommissioning services. In addition, the company offers infrastructure solutions, such as high-speed rails and railways; and develops and produces solar arrays, integrated bio-refineries, wind farms, geo-thermal energy, and waste-to-energy projects, as well as operates 9 fabrication yards and a sea fleet of 44 vessels. As of December 31, 2019, its offshore drilling fleet consisted of fifteen vessels, including six ultra-deep-water units, five high specification jack-ups, three standard jack-ups, and one barge tender rig; and onshore drilling rig fleet comprised 85 units. Saipem S.p.A. is headquartered in Milan, Italy.
Average volume
667 shs
MARKET CAP
N/A
Stock exchange
OTCMKTS
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OTCMKTS:SAPMY
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Oil & Gas Equipment & Services
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2,100 shs
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Below is a quick guide on how to buy OTC:SAPMY stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Saipem shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Saipem – Search for “”OTC:SAPMY”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Saipem stocks with 0% commission!.
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8 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Saipem in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should “hold” Saipem stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SAPMY, but not buy additional shares or sell existing shares.
Wall Street analysts have given Saipem a “Hold” rating, but there may be better short-term opportunities in the market. Some of Reportlab’s past winning trading ideas have resulted in 5-15% weekly gains. Reportlab just released five new trading ideas, but Saipem wasn’t one of them. Reportlab thinks five stocks may be even better buys in the how to buy stocks guide.
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It can be difficult to navigate through all the outdated and incorrect information related to purchasing OTC:SAPMY stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Saipem stocks with a step by step approach.
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Saipem stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Now that you’ve funded your eToro account, just type “OTC:SAPMY stocks” into the search bar at the top of the screen and press “trade”.
All that’s left is to buy some OTC:SAPMY stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
All in all, OTC:SAPMY is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Saipem stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
Saipem’s stock was trading at $4.81 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SAPMY shares have increased by 17.5% and is now trading at $5.65.
Saipem saw a decline in short interest in January. As of January 15th, there was short interest totaling 200 shares, a decline of 71.4% from the December 31st total of 700 shares. Based on an average daily volume of 500 shares, the short-interest ratio is currently 0.4 days.
View Saipem’s Short Interest.
Saipem’s management team includes the following people:
Mr. Stefano Cao, CEO & Director (Age 70)
Mr. Stefano Cavacini, Chief Financial Officer (Age 49)
Mr. Davide Ivanoe Ruvolo, Corp. Head of M&A, Strategy and IR
Mr. Gaetano Colucci, Sr. VP of Public Affairs & Communication
Mr. Marco Toninelli, Head of Offshore Drilling Division
Mr. Francesco Racheli, Chief Operating Officer of the E&C Offshore Division (Age 48)
Mr. Mauro Piasere, Digital Innovation Director & COO of XSIGHT Division
Mr. Luigi Siri, Mang. of Internal Audit
Mr. Maurizio Coratella, COO of the On-shore Engineering & Construction Division (Age 56)
Mr. Stefano Porcari, Head of Drilling Onshore Division
Some companies that are related to Saipem include Akastor ASA (AKKVF), AKASTOR ASA/ADR (AKKVY), Aker ASA (AKAAF), Aveda Transportation and Energy Services Inc. (AVE.V) (AVE), Blossomvale Holdings Ltd. (BLV.AX) (BLV), Boart Longyear Limited (BLY.AX) (BLY), BW Offshore (BGSWF), Calfrac Well Services (CFWFD), China Oilfield Services (CHOLF), Enerflex (ENRFF), Essential Energy Services (EEYUF), FTS International (FTSI), Fugro (FURGF), Galenfeha (GLFH) and Greenway Technologies (GWTI).
View all of SAPMY’s competitors.
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying OTC:SAPMY stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
Saipem trades on the OTCMKTS under the ticker symbol “SAPMY.”
Shares of SAPMY can be purchased through any online brokerage account. Popular online brokerages with access to the stock market include Interactive Brokers Review, eToro Review, DEGiro Review, AvaTrade Review, IG Markets Review, IC Markets Review, CMC Markets Review, Admiral Markets Review and many more. Read one of the reviews to find out everything about the broker and start buying stocks now.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
One share of SAPMY stock can currently be purchased for approximately $5.65.
Saipem employs 34,000 workers across the globe.
The official website for Saipem is www.saipem.com.
Saipem is headquartered at Via Martiri di Cefalonia 67, SAN DONATO MILANESE, 20097, Italy.
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Saipem’s mailing address is Via Martiri di Cefalonia 67, SAN DONATO MILANESE, 20097, Italy. The company can be reached via phone at +39-02-5201.
At reportlab we want to help you with a detailed stock analysis, we want to remind you that the data provided on this website is not necessarily entirely current or accurate. The data and quotes on the website are not always provided by a market or exchange, but may also come from market makers. Therefore, the quotes may not be accurate and may differ from the actual price on a market. They are indicative quotes and are not suitable for trading purposes.
At Reportlab.org we want to make sure that you have all the most relevant information about buying stocks. We bring you the best guides about the stock market with personal reviews, background information, platform reviews, how to’s and more. Want to get other information? Then check out the OTC stocks, NASDAQ stocks, NYSE stocks, LON stocks, FRA stocks, ETR stocks, EPA stocks, TSX stocks or Amex stocks. Looking for more detailed info like 5g stocks, biotech stocks, gold stocks and other information out of our reportlab.
How to buy Saipem stock?
The safest and easiest way to buy OTC:SAPMY stocks is by using a regulated broker like eToro or DEGiro. You can open an account with the platform, make a deposit and buy this stock in under 5 minutes from start to finish.
Opening an account with one of these brokers is a smart move, they have been active for more then 10 years, are very safe to use and they have the best platform for novice and experienced traders. If you want to learn more then we suggest you to read our eToro or DeGiro guides.
Where to buy Saipem stock?
You will first want to find a licensed broker that supports OTC:SAPMY stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading OTC:SAPMY stocks in a safe and complete environment.
Is OTC:SAPMY stock a good investment?
As with any other asset, there is an element of risk associated with buying OTC:SAPMY stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Saipem stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with OTC:SAPMY is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Saipem stock.
How do you trade Saipem stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Saipem stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on OTC:SAPMY stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Saipem stock?
To sell your OTC:SAPMY stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Saipem stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading OTC:SAPMY stock.
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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