Eiffage (OTCMKTS:EFGSY) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Eiffage SA (OTCMKTS:EFGSY) saw strong trading volume on Monday. Approximately 21,176 shares were traded during mid-day trading, an increase of 159% from the average daily volume of 8,188 shares. The stock last traded at $23.28 and had previously closed at $22.94.

Analyst Ratings Changes

A number of brokerages have weighed in on EFGSY. Zacks Research downgraded Eiffage from a “hold” rating to a “strong sell” rating in a research report on Wednesday, September 2nd. Morgan Stanley reissued an “overweight” rating on shares of Eiffage in a research report on Tuesday, September 22nd. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Eiffage Stock Performance

The stock has a 50-day moving average of $24.05 and a 200-day moving average of $28.83.

Eiffage Company Profile

Eiffage is a French engineering, construction and concessions company whose shares trade in the United States under the symbol EFGSY. The company operates across the infrastructure and built-environment sectors, combining contracting activities with the development and operation of long-term concession assets.

Its construction and infrastructure businesses provide services including civil engineering, transportation infrastructure, building construction, urban development, and maintenance.