Bilfinger SE (ETR:GBF)’s share price rose 1.6% on Wednesday . The stock traded as high as €23.76 ($27.95) and last traded at €23.56 ($27.72). Approximately 118,830 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 215,878 shares. The stock had previously closed at €23.20 ($27.29).
GBF has been the subject of several analyst reports. UBS Group set a €28.50 ($33.53) price objective on Bilfinger and gave the stock a “neutral” rating in a research report on Wednesday, May 19th. DZ Bank reiterated a “buy” rating on shares of Bilfinger in a research report on Monday, May 17th.
The business has a 50-day moving average of €25.92. The firm has a market cap of $949.48 million and a P/E ratio of 7.21. The company has a debt-to-equity ratio of 45.57, a current ratio of 1.68 and a quick ratio of 1.58.
Bilfinger SE provides industrial services to customers in the process industry primarily in Europe, North America, and the Middle East. The company offers maintenance engineering and consulting, planning and execution of maintenance, coordination of subcontractors, planning and execution of turnarounds, and condition monitoring and asset integrity assessments services; and plant engineering, piping and steel construction, and plant demolition and conversion services; and operates and maintains various industrial plants.
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