Aecon Group Inc. (OTCMKTS:AEGXF – Get Free Report)’s share price rose 7% during trading on Tuesday . The company traded as high as $38.81 and last traded at $38.81. Approximately 88,151 shares traded hands during trading, an increase of 169% from the average session volume of 32,757 shares. The stock had previously closed at $36.28.
Wall Street Analysts Forecast Growth
Separately, Raymond James Financial upgraded Aecon Group from an “outperform” rating to an “outperform” rating in a research report on Friday, July 3rd. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold”.
Check Out Our Latest Stock Report on Aecon Group
Aecon Group Trading Up 7.0%
About Aecon Group
Aecon Group Inc, trading on the OTC market under the symbol AEGXF, is one of Canada’s leading publicly listed infrastructure development and construction companies. Headquartered in Toronto, Ontario, Aecon delivers services across a broad spectrum of sectors, including transportation, energy, mining, and urban development. Since its origins in the late 19th century, Aecon has grown through a series of mergers and strategic acquisitions into a full-service contractor capable of executing projects of varying complexity and scale.
The company’s core business is organized into three main segments: Infrastructure, Urban Development and Concessions, and Industrial.
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