Koninklijke BAM Groep (OTCMKTS:KBAGF) Shares Up 8.6% – Time to Buy?

Koninklijke BAM Groep nv (OTCMKTS:KBAGF – Get Free Report) shares shot up 8.6% during mid-day trading on Friday. The stock traded as high as $12.87 and last traded at $12.87. 104 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 8,800 shares. The stock had previously closed at $11.85.

Koninklijke BAM Groep Stock Performance

The stock has a 50-day moving average price of $10.47 and a 200 day moving average price of $10.53.

Koninklijke BAM Groep Company Profile

(Get Free Report)

Koninklijke BAM Groep N.V. is a Netherlands-based construction and property company that operates under the Royal BAM Group name. Founded in 1869, the company has developed into an international contractor serving public- and private-sector clients.

BAM’s activities include building construction, civil engineering, infrastructure development, property development and maintenance. Its projects include residential and commercial buildings, schools, hospitals, transport infrastructure, roads, bridges, tunnels and marine works.

Further Reading

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