Bouygues (OTCMKTS:BOUYF) Stock Price Up 5.5% - Here's What Happened

Key Points

• Bouygues' stock price surged by 5.5% to $43.31, with trading volume notably increasing by 1,647% over the average daily volume.
• The company reported quarterly earnings of $0.99 per share, exceeding the consensus estimate of $0.88, and posted a revenue of $17.15 billion against an expected $15.19 billion.
• Bouygues holds a market capitalization of $82.07 billion and has a current ratio of 0.92, indicating solid financial health.

Bouygues (OTCMKTS:BOUYF - Get Free Report)'s share price rose 5.5% on Tuesday . The stock traded as high as $43.31 and last traded at $43.31. Approximately 747 shares traded hands during mid-day trading, an increase of 1,647% from the average daily volume of 43 shares. The stock had previously closed at $41.05.

Bouygues Stock Performance

The firm's 50 day moving average price is $43.33 and its two-hundred day moving average price is $40.40. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.82 and a current ratio of 0.92. The firm has a market cap of $82.07 billion, a PE ratio of 14.11 and a beta of 0.44.

Bouygues (OTCMKTS:BOUYF - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.11. Bouygues had a net margin of 1.86% and a return on equity of 7.52%. The business had revenue of $17.15 billion during the quarter, compared to analysts' expectations of $15.19 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.

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