OB:SUBCEnergy Services
Subsea 7 (OB:SUBC) Joins FTSE All World Index, Is The Stock Still Cheap?
Index inclusion puts Subsea 7 on more investor screens
Subsea 7 (OB:SUBC) has been added to the FTSE All-World Index in USD terms, a change that can draw fresh attention from index-linked funds and global investors tracking that benchmark.
At a share price of NOK323.4, Subsea 7 has logged a 55.48% year-to-date share price return and a 74.06% total shareholder return over the past year, pointing to strong momentum. This comes even though the 30-day share price return is down 4.32% and the...