Eiffage SA (OTCMKTS:EFGSY) Short Interest Update

Eiffage SA (OTCMKTS:EFGSY) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 6,917 shares, a growth of 314.9% from the June 30th total of 1,667 shares. Based on an average trading volume of 5,397 shares, the short-interest ratio is presently 1.3 days. Approximately 0.0% of the company’s shares are short sold.

Eiffage Trading Down 1.8%

Shares of EFGSY stock opened at $27.70 on Friday. The firm has a fifty day simple moving average of $28.91 and a 200-day simple moving average of $30.68. The company has a market capitalization of $13.58 billion and a PE ratio of 56.03. Eiffage has a twelve month low of $23.65 and a twelve month high of $35.58.

Analysts Set New Price Targets

Several equities analysts recently weighed in on EFGSY shares. The Goldman Sachs Group lowered shares of Eiffage from a “buy” rating to a “neutral” rating in a report on Thursday, May 21st. Morgan Stanley restated an “overweight” rating on shares of Eiffage in a research note on Friday, July 10th. Finally, Zacks Research raised Eiffage from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy”.

Eiffage Company Profile

Eiffage SA, traded over the counter under the symbol EFGSY, is a leading French construction and concessions group that offers a wide range of engineering and infrastructure services. The company’s core activities span civil engineering, metalworks, building construction and renovation, roadworks, and energy services. Through its integrated business model, Eiffage delivers turnkey solutions for public and private clients, from project financing and design to construction and long-term asset management.

In its concessions division, Eiffage invests in, finances and operates major transport and energy infrastructure assets such as motorways, tunnels and power distribution networks under public–private partnership arrangements.