Bouygues (OTCMKTS:BOUYF) Stock Price Up 15.2% - Time to Buy?

Shares of Bouygues SA (OTCMKTS:BOUYF - Get Free Report) were up 15.2% during mid-day trading on Monday . The company traded as high as $44.23 and last traded at $44.23. Approximately 204 shares were traded during trading, a decline of 75% from the average daily volume of 822 shares. The stock had previously closed at $38.40.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on BOUYF shares. New Street Research started coverage on Bouygues in a research report on Friday, April 4th. They set a "buy" rating on the stock. Morgan Stanley restated an "underweight" rating on shares of Bouygues in a research report on Wednesday, March 5th.

Bouygues Stock Performance

The company has a debt-to-equity ratio of 0.76, a current ratio of 0.94 and a quick ratio of 0.85. The business has a 50-day simple moving average of $36.45 and a 200-day simple moving average of $33.93. The firm has a market capitalization of $83.81 billion, a PE ratio of 14.41 and a beta of 0.47.

Bouygues (OTCMKTS:BOUYF - Get Free Report) last issued its quarterly earnings results on Wednesday, May 14th. The company reported ($0.43) earnings per share for the quarter, topping the consensus estimate of ($0.70) by $0.27. Bouygues had a return on equity of 7.65% and a net margin of 1.88%. The firm had revenue of $13.62 billion for the quarter, compared to the consensus estimate of $14.48 billion.

About Bouygues

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.