JC Decaux (OTCMKTS:JCDXF) Shares Gap Up - Time to Buy?

Key Points

• JC Decaux's shares opened at $18.50, above the previous closing price of $17.26, with a current trading volume of 500 shares.
• Wall Street has a consensus rating of Moderate Buy for JC Decaux, with one analyst assigning a Strong Buy rating and three giving it a Hold rating.
• The company operates globally in outdoor advertising across three segments: Street Furniture, Transport, and Billboard.

Shares of JC Decaux SA (OTCMKTS:JCDXF - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $17.26, but opened at $18.50. JC Decaux shares last traded at $18.50, with a volume of 500 shares trading hands.

Wall Street Analyst Weigh In

JCDXF has been the topic of a number of recent research reports. Berenberg Bank upgraded JC Decaux to a "strong-buy" rating in a report on Monday, June 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of JC Decaux in a research report on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, JC Decaux currently has a consensus rating of "Moderate Buy".

JC Decaux Price Performance

The company has a quick ratio of 0.95, a current ratio of 1.02 and a debt-to-equity ratio of 0.88. The firm has a fifty day simple moving average of $17.39 and a 200 day simple moving average of $17.29.

About JC Decaux

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.