Proximus PLC (OTCMKTS:BGAOY) Sees Large Growth in Short Interest

Proximus PLC (OTCMKTS:BGAOYGet Free Report) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,748 shares, an increase of 66.6% from the April 30th total of 2,850 shares. Based on an average daily volume of 2,129 shares, the days-to-cover ratio is presently 2.2 days.

Proximus Price Performance

OTCMKTS BGAOY opened at $1.63 on Wednesday. The business’s 50 day moving average price is $1.56 and its 200-day moving average price is $1.64. Proximus has a fifty-two week low of $1.46 and a fifty-two week high of $2.07.

Proximus (OTCMKTS:BGAOYGet Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01).

About Proximus

(Get Free Report)

Proximus is the leading telecommunications operator in Belgium, offering a comprehensive range of fixed-line, mobile, broadband and digital television services to residential and business customers. The company’s portfolio extends to information and communication technology (ICT) solutions, encompassing cloud services, cybersecurity, data analytics and managed network services designed to meet the needs of small and medium-sized enterprises as well as large corporations.

In addition to its core Belgian market, Proximus participates in international activities through partnerships and subsidiaries that provide roaming, carrier and wholesale services.

Read More

Receive News & Ratings for Proximus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Proximus and related companies with MarketBeat.com's FREE daily email newsletter.