Short Interest in Eiffage SA (OTCMKTS:EFGSY) Decreases By 93.3%

Eiffage SA (OTCMKTS:EFGSY) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 715 shares, a drop of 93.3% from the July 30th total of 10,651 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 19,833 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. The Goldman Sachs Group downgraded Eiffage from a “buy” rating to a “neutral” rating in a research report on Thursday, May 21st. Morgan Stanley reissued an “overweight” rating on shares of Eiffage in a research report on Friday, July 10th. Finally, Zacks Research downgraded Eiffage from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Eiffage currently has an average rating of “Moderate Buy”.

Eiffage Stock Up 2.7%

OTCMKTS:EFGSY opened at $28.19 on Thursday. The company has a 50 day moving average price of $28.54 and a 200-day moving average price of $30.49. Eiffage has a 1-year low of $23.65 and a 1-year high of $35.58.

Eiffage Company Profile

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.