Bouygues (OTCMKTS:BOUYF) Shares Gap Down – Here’s Why

Bouygues (OTCMKTS:BOUYF – Get Free Report) gapped down prior to trading on Monday. The stock had previously closed at $55.65, but opened at $43.90. Bouygues shares last traded at $43.90, with a volume of 480 shares trading hands.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Bouygues to a “hold” rating in a report on Monday, June 15th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Bouygues has an average rating of “Moderate Buy”.

Read Our Latest Research Report on Bouygues

Bouygues Price Performance

The company has a current ratio of 0.89, a quick ratio of 0.81 and a debt-to-equity ratio of 0.62. The firm has a market cap of $83.18 billion, a P/E ratio of 11.55 and a beta of 0.48. The stock’s fifty day moving average is $58.72 and its two-hundred day moving average is $57.28.

Bouygues (OTCMKTS:BOUYF – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $1.14 EPS for the quarter, topping the consensus estimate of $0.95 by $0.19. Bouygues had a return on equity of 8.64% and a net margin of 2.22%.The business had revenue of $16.11 billion during the quarter, compared to analysts’ expectations of $15.90 billion. As a group, research analysts anticipate that Bouygues will post 0.78 earnings per share for the current year.

Bouygues Company Profile

(Get Free Report)

Bouygues is a diversified French industrial group founded in 1952 by Francis Bouygues. The company operates through several major business areas, including construction, energy and services, telecommunications, and media.

Its construction activities include building and civil engineering projects through Bouygues Construction, property development through Bouygues Immobilier, and roads and infrastructure through Colas. The group also provides energy, technical, and facilities-management services through Equans, which became part of Bouygues in 2022.

Through Bouygues Telecom, the company offers mobile, fixed-line, broadband, and related communications services in France.

Further Reading

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