Eiffage (OTCMKTS:EFGSY) Reaches New 12-Month Low – Here’s What Happened

Eiffage SA (OTCMKTS:EFGSY)’s share price reached a new 52-week low on Monday . The company traded as low as $24.0001 and last traded at $25.0499, with a volume of 492 shares. The stock had previously closed at $25.43.

Analyst Ratings Changes

A number of research firms recently commented on EFGSY. Morgan Stanley reissued an “overweight” rating on shares of Eiffage in a research report on Friday, July 10th. The Goldman Sachs Group cut shares of Eiffage from a “buy” rating to a “neutral” rating in a research note on Thursday, May 21st. Finally, Zacks Research downgraded shares of Eiffage from a “hold” rating to a “strong sell” rating in a research report on Wednesday, September 2nd. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Eiffage has a consensus rating of “Hold”.

Eiffage Trading Down 3.6%

The stock’s fifty day moving average is $27.37 and its 200-day moving average is $29.83.

Eiffage Company Profile

Eiffage is a France-based construction and infrastructure group that operates through contracting and concessions businesses. Its activities include building construction, civil engineering, road and transport infrastructure, rail systems, metal construction, and energy and electrical services.

Through its concessions operations, Eiffage develops, finances, operates and maintains infrastructure assets under long-term agreements. These activities include motorways, airports and other public infrastructure, complementing the company’s construction and maintenance services.

Eiffage traces its modern corporate history to the 1992 merger of Fougerolle and Société Auxiliaire d’Entreprises (SAE), although its operating companies have roots dating back much further.