Eiffage (OTCMKTS:EFGSY) Sets New 1-Year Low – What’s Next?

Eiffage SA (OTCMKTS:EFGSY)’s share price hit a new 52-week low during trading on Tuesday. The company traded as low as $21.5150 and last traded at $22.0350, with a volume of 529 shares. The stock had previously closed at $22.39.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Zacks Research cut Eiffage from a “hold” rating to a “strong sell” rating in a report on Wednesday, September 2nd. Morgan Stanley restated an “overweight” rating on shares of Eiffage in a research report on Tuesday, September 22nd. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Eiffage Trading Down 1.6%

The business’s 50-day moving average price is $24.96 and its two-hundred day moving average price is $28.31.

About Eiffage

Eiffage is a French engineering, construction and concessions company whose shares trade in the United States under the symbol EFGSY. The company operates across the infrastructure and built-environment sectors, combining contracting activities with the development and operation of long-term concession assets.

Its construction and infrastructure businesses provide services including civil engineering, transportation infrastructure, building construction, urban development, and maintenance.