Aecon Group Inc. (OTCMKTS:AEGXF – Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 419,584 shares, a growth of 76.8% from the May 14th total of 237,261 shares. Based on an average daily volume of 24,049 shares, the days-to-cover ratio is presently 17.4 days.
Aecon Group Stock Performance
Aecon Group stock opened at $30.86 on Monday. The business has a 50-day moving average of $34.11 and a 200-day moving average of $28.52. Aecon Group has a 1 year low of $12.65 and a 1 year high of $41.95.
Wall Street Analyst Weigh In
Several brokerages have weighed in on AEGXF. Royal Bank Of Canada reissued a “sector perform” rating on shares of Aecon Group in a report on Thursday, April 30th. TD Securities reissued a “buy” rating on shares of Aecon Group in a report on Thursday, April 30th. BMO Capital Markets reissued a “market perform” rating on shares of Aecon Group in a report on Wednesday, April 29th. Finally, Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Aecon Group in a report on Thursday, April 30th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.
About Aecon Group
Aecon Group Inc, trading on the OTC market under the symbol AEGXF, is one of Canada’s leading publicly listed infrastructure development and construction companies. Headquartered in Toronto, Ontario, Aecon delivers services across a broad spectrum of sectors, including transportation, energy, mining, and urban development. Since its origins in the late 19th century, Aecon has grown through a series of mergers and strategic acquisitions into a full-service contractor capable of executing projects of varying complexity and scale.
The company’s core business is organized into three main segments: Infrastructure, Urban Development and Concessions, and Industrial.
See Also
- Five stocks we like better than Aecon Group
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
- What to Expect From Q2 Earnings as Tech Strength Broadens
- Viasat’s Orbiting Profits: Space Force Jackpot?
- Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
Receive News & Ratings for Aecon Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aecon Group and related companies with MarketBeat.com's FREE daily email newsletter.
