Saipem SpA (NASDAQ:SAPMY) was upgraded by investment analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a research note issued to investors on Tuesday, The Fly reports.

Shares of Saipem SpA (NASDAQ:SAPMY) traded up 0.000% during mid-day trading on Tuesday, hitting $0.179. Saipem SpA has a 12 month low of $0.12 and a 12 month high of $5.05. The stock has a market capitalization of $3.62 billion and a price-to-earnings ratio of 7.306. The company has a 50 day moving average of $0.18 and a 200 day moving average of $0.18.

5 Day Chart for NASDAQ:SAPMY

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The Fly

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