Proximus (PROX)

Index:

BEL 20

  7.23
   
  • Change Today:
     -0.03
  • 52 Week High:  9.31
  • 52 Week Low:  6.42
  • Currency: Euro
  • Shares Issued: 322.62m
  • Volume: 598,867
  • Market Cap:  2,332.57m
  • Beta: 0.40

Belgacom shares down on weak results and Goldman Sachs downgrade

Date: Friday 02 Mar 2012

LONDON (ShareCast) - Belgium telecom firm Belgacom was the worst Stoxx600 component this morning with a 4.5% drop.

The poor performance is on the back of two factors: weaker financial results compared to a year ago, along with forecasts that missed estimates, and a Goldman Sachs downgrade of the telecom sector to underweight. The sector is currently the most bearish on the European index.

Looking at 2011 results, Belgacome saw revenue fall 8.8% to €6.42bn, while EBITDA fell 3.7% to €1.91bn.

M.G.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Proximus Market Data

Currency Euro
Share Price   7.23
Change Today   -0.03
% Change -0.34 %
52 Week High  9.31
52 Week Low  6.42
Volume 598,867
Shares Issued 322.62m
Market Cap  2,332.57m
Beta 0.40

What The Brokers Say

Strong Buy 1
Buy 5
Neutral 6
Sell 2
Strong Sell 1
Total 15
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Trades for 31-May-2024

Time Volume / Share Price
17:35 1 @  7.23
17:35 191 @  7.23
17:35 2,035 @  7.23
17:35 487 @  7.23
17:35 745 @  7.23

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