Eiffage (OTCMKTS:EFGSY) Stock Price Down 6% – Here’s What Happened

Eiffage SA (OTCMKTS:EFGSY) shares fell 6% on Thursday. The company traded as low as $21.62 and last traded at $21.62. 4,282 shares changed hands during mid-day trading, an increase of 5% from the average daily volume of 4,074 shares. The stock had previously closed at $23.00.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on EFGSY. Morgan Stanley reissued an “overweight” rating on shares of Eiffage in a research report on Tuesday, September 22nd. Zacks Research lowered shares of Eiffage from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 2nd. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Eiffage presently has a consensus rating of “Hold”.

Eiffage Trading Up 2.4%

The stock’s fifty day moving average price is $26.47 and its two-hundred day moving average price is $29.06.

Eiffage Company Profile

Eiffage is a France-based construction and infrastructure group that operates across construction, civil engineering, energy systems and concessions. The company develops and delivers buildings, transport infrastructure, industrial facilities and energy-related projects for public- and private-sector customers.

Its construction and civil engineering activities include the design and development of roads, railways, bridges, tunnels, airports, commercial buildings and other major infrastructure.