Eiffage SA (OTCMKTS:EFGSY) Short Interest Down 93.3% in August

Eiffage SA (OTCMKTS:EFGSY) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 715 shares, a decrease of 93.3% from the July 30th total of 10,651 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 19,833 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Several research firms have commented on EFGSY. Zacks Research lowered shares of Eiffage from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Morgan Stanley reiterated an “overweight” rating on shares of Eiffage in a research note on Friday, July 10th. Finally, The Goldman Sachs Group cut Eiffage from a “buy” rating to a “neutral” rating in a report on Thursday, May 21st. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Eiffage Stock Up 0.6%

OTCMKTS:EFGSY opened at $27.46 on Wednesday. The company has a 50 day moving average price of $28.60 and a 200-day moving average price of $30.51. Eiffage has a 1-year low of $23.65 and a 1-year high of $35.58.

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.