Short Interest in Eiffage SA (OTCMKTS:EFGSY) Decreases By 98.7%

Eiffage SA (OTCMKTS:EFGSY) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 23 shares, a drop of 98.7% from the May 31st total of 1,761 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 5,310 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

A number of brokerages have commented on EFGSY. Zacks Research raised Eiffage to a “hold” rating in a report on Wednesday, May 13th. The Goldman Sachs Group downgraded Eiffage from a “buy” rating to a “neutral” rating in a report on Thursday, May 21st. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Eiffage Trading Down 2.4%

Shares of OTCMKTS:EFGSY traded down $0.73 on Thursday, reaching $29.38. 3,437 shares of the company’s stock were exchanged, compared to its average volume of 2,369. The company has a fifty day moving average of $30.76 and a 200-day moving average of $30.69. Eiffage has a twelve month low of $23.65 and a twelve month high of $35.58. The company has a market capitalization of $14.39 billion and a price-to-earnings ratio of 56.03.

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.