Aecon Group (OTCMKTS:AEGXF) Trading Down 1.5% – Here’s Why

Aecon Group Inc. (OTCMKTS:AEGXF) shares dropped 1.5% on Thursday . The company traded as low as $30.29 and last traded at $30.8750. Approximately 20,086 shares changed hands during mid-day trading, an increase of 6% from the average daily volume of 18,862 shares. The stock had previously closed at $31.33.

Aecon Group Trading Down 1.9%

The firm has a fifty day moving average of $27.07 and a 200-day moving average of $22.12.

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.