Eiffage SA (OTCMKTS:EFGSY) Short Interest Up 314.9% in July

Eiffage SA (OTCMKTS:EFGSY) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 6,917 shares, an increase of 314.9% from the June 30th total of 1,667 shares. Based on an average trading volume of 5,397 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.0% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Several research firms have commented on EFGSY. The Goldman Sachs Group lowered shares of Eiffage from a “buy” rating to a “neutral” rating in a research note on Thursday, May 21st. Zacks Research raised Eiffage from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Eiffage in a research report on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Eiffage has a consensus rating of “Buy”.

Eiffage Stock Performance

OTCMKTS EFGSY opened at $28.30 on Tuesday. The company has a market capitalization of $13.87 billion and a PE ratio of 56.03. Eiffage has a 52-week low of $23.65 and a 52-week high of $35.58. The company has a 50-day simple moving average of $28.86 and a 200 day simple moving average of $30.69.

About Eiffage

Eiffage SA, traded over the counter under the symbol EFGSY, is a leading French construction and concessions group that offers a wide range of engineering and infrastructure services. The company’s core activities span civil engineering, metalworks, building construction and renovation, roadworks, and energy services. Through its integrated business model, Eiffage delivers turnkey solutions for public and private clients, from project financing and design to construction and long-term asset management.

In its concessions division, Eiffage invests in, finances and operates major transport and energy infrastructure assets such as motorways, tunnels and power distribution networks under public–private partnership arrangements.