Bilfinger (ETR:GBF) Stock Price Down 2.4% – Should You Sell?

Bilfinger SE (ETR:GBFGet Free Report)’s share price dropped 2.4% during mid-day trading on Wednesday . The company traded as low as €124.50 and last traded at €124.80. Approximately 65,906 shares changed hands during trading, a decline of 69% from the average daily volume of 215,878 shares. The stock had previously closed at €127.90.

Bilfinger Stock Down 2.4%

The firm has a market capitalization of $4.85 billion, a price-to-earnings ratio of 20.67, a P/E/G ratio of 36.32 and a beta of 1.32. The company’s 50 day moving average price is €113.12 and its 200 day moving average price is €101.09.

Bilfinger Company Profile

(Get Free Report)

Bilfinger SE provides industrial services to customers in the process industry primarily in Europe, North America, and the Middle East. The company offers engineering, project, maintenance, turnaround, rotating equipment, and inspection services. It also provides new construction and decommissioning of nuclear power plants, treatment of radioactive waste, and nuclear fusion services. In addition, the company offers energy efficiency, carbon capture, utilization, and storage; and hydrogen, hydropower, and wind power services.

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