Proximus (OTCMKTS:BGAOY) Trading Up 10.1% – What’s Next?

Shares of Proximus PLC (OTCMKTS:BGAOYGet Free Report) rose 10.1% during mid-day trading on Monday . The company traded as high as $1.7550 and last traded at $1.75. Approximately 2,000 shares changed hands during trading, a decline of 87% from the average daily volume of 15,500 shares. The stock had previously closed at $1.59.

Proximus Price Performance

The firm’s 50 day moving average price is $1.63 and its 200-day moving average price is $1.67.

About Proximus

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Proximus is the leading telecommunications operator in Belgium, offering a comprehensive range of fixed-line, mobile, broadband and digital television services to residential and business customers. The company’s portfolio extends to information and communication technology (ICT) solutions, encompassing cloud services, cybersecurity, data analytics and managed network services designed to meet the needs of small and medium-sized enterprises as well as large corporations.

In addition to its core Belgian market, Proximus participates in international activities through partnerships and subsidiaries that provide roaming, carrier and wholesale services.

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