Euronext (OTCMKTS:ERNXY) Shares Gap Up – Still a Buy?

Euronext NV (OTCMKTS:ERNXY – Get Free Report) gapped up prior to trading on Thursday. The stock had previously closed at $36.01, but opened at $40.20. Euronext shares last traded at $40.20, with a volume of 491 shares traded.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Euronext from a “hold” rating to a “strong-buy” rating in a report on Friday, October 2nd. One analyst has rated the stock with a Strong Buy rating. According to MarketBeat, Euronext presently has a consensus rating of “Strong Buy”.

Read Our Latest Research Report on Euronext

Euronext Trading Down 2.3%

The company’s 50-day moving average is $37.41 and its 200 day moving average is $34.35.

Euronext Company Profile

(Get Free Report)

Euronext N.V. is a pan-European market infrastructure operator that runs regulated exchanges and trading venues across Europe. Its activities include the listing and trading of equities, exchange-traded funds, bonds, derivatives, warrants and other financial instruments, serving companies, investors, financial institutions and other market participants.

The company also provides market data, indices, issuer services, technology and post-trade infrastructure. Through its clearing and settlement-related operations and other market services, Euronext supports transactions throughout the investment lifecycle.

Euronext was established in 2000 through the combination of the exchanges in Amsterdam, Brussels and Paris.

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