Proximus PLC (OTCMKTS:BGAOY – Get Free Report) was the target of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 2,850 shares, a decrease of 59.0% from the April 15th total of 6,958 shares. Based on an average trading volume of 13,880 shares, the days-to-cover ratio is presently 0.2 days.
Proximus Stock Performance
Shares of OTCMKTS BGAOY opened at $1.46 on Friday. The stock’s 50-day simple moving average is $1.60 and its two-hundred day simple moving average is $1.65. Proximus has a twelve month low of $1.46 and a twelve month high of $2.07.
Proximus (OTCMKTS:BGAOY – Get Free Report) last announced its earnings results on Wednesday, May 13th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01).
About Proximus
Proximus is the leading telecommunications operator in Belgium, offering a comprehensive range of fixed-line, mobile, broadband and digital television services to residential and business customers. The company’s portfolio extends to information and communication technology (ICT) solutions, encompassing cloud services, cybersecurity, data analytics and managed network services designed to meet the needs of small and medium-sized enterprises as well as large corporations.
In addition to its core Belgian market, Proximus participates in international activities through partnerships and subsidiaries that provide roaming, carrier and wholesale services.
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