Bilfinger (ETR:GBF) Trading 2% Higher – Still a Buy?

Bilfinger SE (ETR:GBFGet Free Report) shares shot up 2% during mid-day trading on Wednesday . The company traded as high as €56.20 ($58.54) and last traded at €56.10 ($58.44). 129,465 shares traded hands during trading, a decline of 40% from the average session volume of 215,878 shares. The stock had previously closed at €55.00 ($57.29).

Bilfinger Stock Performance

The company’s 50 day moving average price is €47.75 and its 200-day moving average price is €47.38. The stock has a market cap of $2.18 billion, a P/E ratio of 9.29, a price-to-earnings-growth ratio of 36.32 and a beta of 1.32.

Bilfinger Company Profile

(Get Free Report)

Bilfinger SE provides industrial services to customers in the process industry primarily in Europe, North America, and the Middle East. The company offers engineering, project, maintenance, turnaround, rotating equipment, and inspection services. It also provides new construction and decommissioning of nuclear power plants, treatment of radioactive waste, and nuclear fusion services.

Further Reading

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