Eiffage SA (OTCMKTS:EFGSY) Short Interest Update

Eiffage SA (OTCMKTS:EFGSY) was the target of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,522 shares, a decrease of 75.7% from the April 15th total of 6,258 shares. Based on an average daily volume of 4,640 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Ratings Changes

Separately, Morgan Stanley reiterated an “overweight” rating on shares of Eiffage in a report on Tuesday, February 24th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Eiffage presently has a consensus rating of “Buy”.

Eiffage Trading Up 6.8%

EFGSY traded up $2.11 during mid-day trading on Thursday, hitting $33.31. 2,541 shares of the stock were exchanged, compared to its average volume of 1,894. The firm’s fifty day moving average is $32.10 and its two-hundred day moving average is $29.98. Eiffage has a 1-year low of $23.65 and a 1-year high of $35.58. The company has a market cap of $15.99 billion and a PE ratio of 56.03.

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.