Proximus (OTCMKTS:BGAOY) Stock Passes Below 50-Day Moving Average – What’s Next?

Proximus PLC (OTCMKTS:BGAOYGet Free Report)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1.49 and traded as low as $1.35. Proximus shares last traded at $1.35, with a volume of 866 shares traded.

Wall Street Analysts Forecast Growth

Separately, Hsbc Global Res raised shares of Proximus to a “hold” rating in a research report on Wednesday, October 2nd.

View Our Latest Stock Report on BGAOY

Proximus Stock Performance

The company’s 50-day moving average price is $1.49 and its 200-day moving average price is $1.53.

Proximus (OTCMKTS:BGAOYGet Free Report) last announced its quarterly earnings results on Friday, July 26th. The company reported $0.06 earnings per share for the quarter. The company had revenue of $1.72 billion during the quarter.

About Proximus

(Get Free Report)

Proximus PLC provides digital services and communication solutions in Belgium and internationally. It operates through Domestic, International Carrier Services, and TeleSign segments. The company offers fixed and mobile telephony, internet, and television services to residential customers and small businesses, and ICT services to residential, business, and telecom wholesale markets.

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