Eiffage SA (OTCMKTS:EFGSY – Get Free Report) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 1,500 shares, a growth of 400.0% from the March 15th total of 300 shares. Based on an average daily trading volume, of 2,700 shares, the days-to-cover ratio is currently 0.6 days.
Eiffage Stock Up 6.8 %
Shares of Eiffage stock traded up $1.62 during trading on Tuesday, reaching $25.38. 1,664 shares of the company were exchanged, compared to its average volume of 2,280. Eiffage has a twelve month low of $16.54 and a twelve month high of $25.38. The business has a 50-day moving average price of $21.67 and a 200-day moving average price of $19.29.
Analysts Set New Price Targets
Several research firms have recently weighed in on EFGSY. Barclays reiterated an “overweight” rating on shares of Eiffage in a research report on Thursday, March 6th. Citigroup reiterated a “neutral” rating on shares of Eiffage in a report on Tuesday, March 18th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating on shares of Eiffage in a research note on Monday, March 24th.
About Eiffage
Eiffage SA engages in the construction, property development, urban development, civil engineering, metallic construction, roads, energy systems, and concessions businesses in France and internationally. The company operates through Construction, Infrastructure, Energy Systems, Concessions, and Holding Company segments.
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