Bilfinger (ETR:GBF) Stock Passes Above 200 Day Moving Average – Here’s Why

Bilfinger SE (ETR:GBFGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-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.

Bilfinger Price Performance

The firm has a market cap of $2.73 billion, a price-to-earnings ratio of 11.63, a price-to-earnings-growth ratio of 36.32 and a beta of 1.32. The firm’s fifty day moving average is €49.64 and its 200-day moving average is €47.85.

Bilfinger Company Profile

(Get Free Report)

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.

Further Reading

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