Eiffage SA (OTCMKTS:EFGSY) Short Interest Down 54.9% in December

Eiffage SA (OTCMKTS:EFGSY) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 619 shares, a drop of 54.9% from the December 15th total of 1,371 shares. Based on an average daily trading volume, of 1,308 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 1,308 shares, the short-interest ratio is presently 0.5 days.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley restated an “overweight” rating on shares of Eiffage in a research note on Wednesday, January 7th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Eiffage Stock Performance

EFGSY stock opened at $29.32 on Wednesday. Eiffage has a 1-year low of $16.70 and a 1-year high of $30.35. The business has a 50-day moving average price of $27.69 and a 200 day moving average price of $26.94.

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.