Proximus (OTCMKTS:BGAOY) Trading 8.7% Higher – Still a Buy?

Proximus PLC (OTCMKTS:BGAOYGet Free Report) shares rose 8.7% on Thursday . The company traded as high as $1.38 and last traded at $1.38. Approximately 800 shares were traded during trading, a decline of 88% from the average session volume of 6,874 shares. The stock had previously closed at $1.27.

Proximus Stock Up 8.7%

The business’s 50 day moving average price is $1.46 and its 200-day moving average price is $1.59.

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

About Proximus

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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.

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