JC Decaux (OTCMKTS:JCDXF) Shares Gap Up - Still a 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 changing hands.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on JCDXF. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of JC Decaux in a research note on Monday, August 4th. Berenberg Bank raised JC Decaux to a "strong-buy" rating in a report on Monday, June 2nd. One research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy".

JC Decaux Trading Up 7.2%

The stock's 50 day moving average price is $17.28 and its 200 day moving average price is $17.21. The company has a quick ratio of 0.95, a current ratio of 1.03 and a debt-to-equity ratio of 0.83.

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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