Short Interest in Bouygues SA (OTCMKTS:BOUYF) Declines By 36.0%

Bouygues SA (OTCMKTS:BOUYF) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 106,600 shares, a decline of 36.0% from the February 28th total of 166,500 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 1,066.0 days. Currently, 0.0% of the company’s stock are short sold.

Bouygues Price Performance

Shares of Bouygues stock remained flat at $38.40 during midday trading on Friday. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 0.76. Bouygues has a twelve month low of $28.54 and a twelve month high of $40.00. The firm’s 50-day moving average is $34.28 and its two-hundred day moving average is $33.11. The company has a market cap of $72.77 billion, a P/E ratio of 12.51 and a beta of 0.66.

Bouygues (OTCMKTS:BOUYF) last posted its earnings results on Thursday, March 6th. The company reported $1.05 earnings per share for the quarter. The company had revenue of $16.28 billion for the quarter. Bouygues had a return on equity of 7.65% and a net margin of 1.88%.

Analysts Set New Price Targets

Separately, Morgan Stanley reaffirmed an “underweight” rating on shares of Bouygues in a research report on Wednesday, March 5th.

Bouygues Company Profile

Bouygues SA, together with its subsidiaries, operates in the construction, energy, telecom, media, and transport infrastructure sectors in France and internationally. The company designs, builds, renovates, operates, and deconstructs building, infrastructure, and industrial projects; develops urban planning, residential, and commercial projects; builds and maintains roads and motorways, airport runways, ports, industrial logistics hubs, external works and amenities, reserved-lane public transport, recreational facilities, and environmental projects, as well as undertakes civil engineering, road safety, and signaling activities; produces, distributes, sells, and recycles aggregates, emulsions, asphalt mixes, ready-mix concrete, and bitumen; construction, renewal, and maintenance of rail networks; and installation and maintenance of pipes and pipelines.