Aecon Group (OTCMKTS:AEGXF) Stock Price Down 0.4% – Should You Sell?

Aecon Group Inc. (OTCMKTS:AEGXFGet Free Report) shares fell 0.4% during trading on Thursday . The stock traded as low as $34.64 and last traded at $34.82. Approximately 12,268 shares traded hands during trading, a decline of 61% from the average daily volume of 31,272 shares. The stock had previously closed at $34.9760.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Raymond James Financial upgraded shares of Aecon Group from an “outperform” rating to an “outperform” rating in a research note on Friday, July 3rd. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Aecon Group in a research note on Thursday, April 30th. BMO Capital Markets restated a “market perform” rating on shares of Aecon Group in a report on Wednesday, April 29th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Aecon Group in a research report on Thursday, April 30th. Finally, TD Securities reiterated a “buy” rating on shares of Aecon Group in a report on Thursday, April 30th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Aecon Group currently has a consensus rating of “Hold”.

Check Out Our Latest Research Report on AEGXF

Aecon Group Stock Down 0.4%

The firm’s 50 day moving average is $33.90 and its two-hundred day moving average is $30.06.

Aecon Group Company Profile

(Get Free Report)

Aecon Group Inc, trading on the OTC market under the symbol AEGXF, is one of Canada’s leading publicly listed infrastructure development and construction companies. Headquartered in Toronto, Ontario, Aecon delivers services across a broad spectrum of sectors, including transportation, energy, mining, and urban development. Since its origins in the late 19th century, Aecon has grown through a series of mergers and strategic acquisitions into a full-service contractor capable of executing projects of varying complexity and scale.

The company’s core business is organized into three main segments: Infrastructure, Urban Development and Concessions, and Industrial.

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