Bilfinger (ETR:GBF) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Bilfinger SE (ETR:GBFGet Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €47.85 ($51.45) and traded as high as €61.70 ($66.34). Bilfinger shares last traded at €59.50 ($63.98), with a volume of 250,773 shares changing hands.

Bilfinger Trading Up 18.0 %

The firm has a market capitalization of $2.73 billion, a price-to-earnings ratio of 11.63, a P/E/G ratio of 36.32 and a beta of 1.32. The firm’s 50-day moving average is €49.64 and its 200 day moving average is €47.85.

About Bilfinger

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Bilfinger SE provides industrial services to customers in the process industry primarily in Europe, North America, and the Middle East. The company offers engineering, project, maintenance, turnaround, rotating equipment, and inspection services. It also provides new construction and decommissioning of nuclear power plants, treatment of radioactive waste, and nuclear fusion services.

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