Bouygues (OTCMKTS:BOUYF) Hits New 52-Week High – Still a Buy?

Bouygues (OTCMKTS:BOUYF)’s share price reached a new 52-week high during mid-day trading on Thursday. The stock traded as high as $43.90 and last traded at $43.90, with a volume of 700 shares changing hands. The stock had previously closed at $43.90.

Bouygues Price Performance

The business has a 50-day moving average price of $55.33 and a 200 day moving average price of $56.72. The stock has a market capitalization of $83.18 billion, a P/E ratio of 11.55 and a beta of 0.48. The company has a current ratio of 0.89, a quick ratio of 0.81 and a debt-to-equity ratio of 0.62.

Bouygues (OTCMKTS:BOUYF) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.19. Bouygues had a net margin of 2.22% and a return on equity of 8.64%. The company had revenue of $16.11 billion during the quarter, compared to analyst estimates of $15.90 billion.

About Bouygues

Bouygues is a diversified French industrial group founded in 1952 by Francis Bouygues. Headquartered in Paris, the company operates through businesses spanning construction, energy and services, telecommunications, and media.

Its construction activities include building and civil engineering, property development, and road and infrastructure services through businesses such as Bouygues Construction, Bouygues Immobilier, and Colas. The group also provides energy, facilities management, and technical services through Equans, which Bouygues acquired from Engie in 2022.

Bouygues Telecom provides mobile, fixed-line broadband, and related communications services in France.