Proximus (OTCMKTS:BGAOY) Stock Jumps 12.1% – Here’s What Happened

Proximus PLC (OTCMKTS:BGAOY)’s stock price was up 12.1% on Monday. The stock traded as high as $1.39 and last traded at $1.39. Approximately 554 shares traded hands during trading, a decline of 94% from the average daily volume of 8,851 shares. The stock had previously closed at $1.24.

Proximus Trading Up 12.1%

The business’s 50-day moving average is $1.38 and its two-hundred day moving average is $1.44.

Proximus (OTCMKTS:BGAOY) last issued its quarterly earnings data on Friday, July 31st. The company reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $1.86 billion during the quarter.

Proximus Company Profile

Proximus is a Belgium-based telecommunications and digital services group headquartered in Brussels. Formerly known as Belgacom, the company adopted the Proximus name in 2015 and provides communications services to consumers, businesses and public-sector organizations.

Its activities include mobile and fixed-line voice services, broadband internet, television, converged communications and related digital products. Proximus also develops and manages telecommunications networks and offers information and communications technology services, including cloud, cybersecurity, workplace and connectivity solutions for business customers.

Proximus primarily serves customers in Belgium, while its international activities include business communications and digital identity services through specialized group companies.