UBS AG Reiterates “Buy” Rating for Ausenco Limited (AAX)
Ausenco Limited (ASX:AAX)‘s stock had its “buy” rating reaffirmed by research analysts at UBS AG in a report released on Wednesday, American Banking and Market News reports.
Ausenco Limited (ASX:AAX) traded up 1.51% on Wednesday, hitting A$1.685. 72,002 shares of the company’s stock traded hands. Ausenco Limited has a 1-year low of A$1.415 and a 1-year high of A$4.080. The stock’s 50-day moving average is A$1.75 and its 200-day moving average is A$2.65. The company has a market cap of A$209.9 million and a price-to-earnings ratio of 8.56.
Ausenco Limited is an Australia-based company. The Company is engaged in the provision of engineering design, project management, process controls and operations solutions to energy, environment and sustainability, minerals and metals, process infrastructure and program management.
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