Proximus PLC (OTCMKTS:BGAOY – Get Free Report) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 6,111 shares, a drop of 42.6% from the July 30th total of 10,653 shares. Based on an average daily volume of 1,542 shares, the days-to-cover ratio is currently 4.0 days.
Proximus Price Performance
OTCMKTS:BGAOY opened at $1.47 on Tuesday. Proximus has a 12-month low of $1.27 and a 12-month high of $1.98. The stock’s 50 day simple moving average is $1.38 and its 200-day simple moving average is $1.53.
Proximus (OTCMKTS:BGAOY – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The company reported $0.11 earnings per share for the quarter. The company had revenue of $1.86 billion for the quarter.
Proximus Company Profile
Proximus is the leading telecommunications operator in Belgium, offering a comprehensive range of fixed-line, mobile, broadband and digital television services to residential and business customers. The company’s portfolio extends to information and communication technology (ICT) solutions, encompassing cloud services, cybersecurity, data analytics and managed network services designed to meet the needs of small and medium-sized enterprises as well as large corporations.
In addition to its core Belgian market, Proximus participates in international activities through partnerships and subsidiaries that provide roaming, carrier and wholesale services.
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