Shares of Bouygues SA (EPA:EN) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $31.14 and traded as high as $31.40. Bouygues shares last traded at $30.53, with a volume of 1,042,833 shares trading hands.
Separately, JPMorgan Chase & Co. set a €34.00 ($38.20) target price on Bouygues and gave the company a “neutral” rating in a research note on Wednesday, April 15th.
The business has a 50 day simple moving average of €30.54 and a two-hundred day simple moving average of €31.14.
Bouygues SA, together with its subsidiaries, operates in the construction, media, and telecom sectors in France and internationally. The company designs, builds, and operates structures and facilities; develops residential, office building, retail, and neighborhood projects; constructs and maintains roads and motorways, airport runways, ports, industrial logistics and commercial hubs, external works and amenities, reserved-lane public transport facilities, recreational facilities, and environmental projects, as well as undertakes civil engineering activities; and produces and recycles construction materials.
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