Eiffage SA (OTCMKTS:EFGSY) Short Interest Update

Eiffage SA (OTCMKTS:EFGSY) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 10,651 shares, an increase of 54.0% from the July 15th total of 6,917 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,870 shares, the short-interest ratio is presently 1.8 days.

Analysts Set New Price Targets

EFGSY has been the subject of several recent analyst reports. 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 report on Friday, July 10th. Finally, The Goldman Sachs Group lowered Eiffage from a “buy” rating to a “neutral” rating in a research note on Thursday, May 21st. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Eiffage Stock Down 0.2%

OTCMKTS:EFGSY opened at $27.83 on Wednesday. The stock’s fifty day moving average price is $28.75 and its two-hundred day moving average price is $30.61. Eiffage has a 52-week low of $23.65 and a 52-week high of $35.58.

About Eiffage

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.