JC Decaux (OTCMKTS:JCDXF) Shares Gap Down - Here's Why

Key Points

• JC Decaux's stock price experienced a significant gap down, opening at $17.77 after closing at $18.50.
• Analysts have set an average rating of "Moderate Buy" for the stock, with one analyst giving it a Strong Buy rating and two others assigning a Hold rating.
• The company operates in three segments: Street Furniture, Transport, and Billboard, providing various outdoor advertising services worldwide.

JC Decaux SA (OTCMKTS:JCDXF - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $18.50, but opened at $17.77. JC Decaux shares last traded at $17.77, with a volume of 500 shares traded.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of JC Decaux in a report on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

JC Decaux Price Performance

The company's 50 day moving average price is $17.88 and its 200-day moving average price is $17.37. The company has a current ratio of 1.02, a quick ratio of 0.93 and a debt-to-equity ratio of 0.88.

JC Decaux Company Profile

JCDecaux SE operates as an outdoor advertising company worldwide. It operates through three segments: Street Furniture, Transport, and Billboard. The Street Furniture segment provides advertising services in shopping malls; rents street furniture; and sells and rents equipment, such as automatic public toilets, bikes, etc., as well as provides cleaning, maintenance, and other services.

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