Proximus PLC (OTCMKTS:BGAOY – Get Free Report)’s share price was up 12.1% on Monday. The stock traded as high as $1.39 and last traded at $1.39. Approximately 554 shares traded hands during trading, a decline of 94% from the average session volume of 8,851 shares. The stock had previously closed at $1.24.
Wall Street Analysts Forecast Growth
Separately, Barclays lowered shares of Proximus to an “underweight” rating in a research note on Tuesday. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.
Read Our Latest Stock Report on Proximus
Proximus Stock Performance
The stock’s 50-day simple moving average is $1.38 and its 200 day simple moving average is $1.44.
Proximus (OTCMKTS:BGAOY – Get Free Report) last issued its earnings results on Friday, July 31st. The company reported $0.11 earnings per share for the quarter. The business had revenue of $1.86 billion during the quarter.
About Proximus
Proximus is a Belgium-based telecommunications and digital services group headquartered in Brussels. Formerly known as Belgacom, the company adopted the Proximus name in 2015 and provides communications services to consumers, businesses and public-sector organizations.
Its activities include mobile and fixed-line voice services, broadband internet, television, converged communications and related digital products. Proximus also develops and manages telecommunications networks and offers information and communications technology services, including cloud, cybersecurity, workplace and connectivity solutions for business customers.
Proximus primarily serves customers in Belgium, while its international activities include business communications and digital identity services through specialized group companies.
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