Eiffage SA (OTCMKTS:EFGSY) Short Interest Update

Eiffage SA (OTCMKTS:EFGSY) was the recipient of a large decline in short interest in March. As of March 13th, there was short interest totaling 1,133 shares, a decline of 51.0% from the February 26th total of 2,312 shares. Based on an average trading volume of 4,366 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analyst Weigh In

Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Eiffage in a research report on Tuesday, February 24th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Eiffage Stock Up 0.8%

Shares of EFGSY stock traded up $0.25 during mid-day trading on Friday, reaching $30.60. 643 shares of the company were exchanged, compared to its average volume of 1,809. The business’s 50 day simple moving average is $31.60 and its 200 day simple moving average is $28.46. Eiffage has a fifty-two week low of $21.93 and a fifty-two 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.