Grana y Montero S.A.A. (GRAM) to Release Earnings on Thursday
Grana y Montero S.A.A. (NYSE:GRAM) is set to post its quarterly earnings results before the market opens on Thursday, October 26th.
Shares of Grana y Montero S.A.A. (GRAM) opened at 4.60 on Thursday. The stock’s market cap is $607.25 million. Grana y Montero S.A.A. has a 12-month low of $2.16 and a 12-month high of $8.72. The company has a 50 day moving average price of $4.51 and a 200 day moving average price of $3.63.
A hedge fund recently bought a new stake in Grana y Montero S.A.A. stock. State Street Corp acquired a new position in shares of Grana y Montero S.A.A. (NYSE:GRAM) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 185,334 shares of the construction company’s stock, valued at approximately $605,000. State Street Corp owned about 0.14% of Grana y Montero S.A.A. at the end of the most recent quarter. 11.72% of the stock is owned by institutional investors and hedge funds.
Separately, BidaskClub downgraded shares of Grana y Montero S.A.A. from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 10th.
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About Grana y Montero S.A.A.
Grana y Montero SAA is a Peru-based holding company primarily engaged in the four business areas: Construction and Engineering Industry, Real Estate, Oil Services, and Operation of Public Concessions and Business Support Services. Through its subsidiaries, the Company provides such services as the development and management of real estate properties and leisure facilities; the exploration, production and sale of oil, natural gas and its derivates; the storage and distribution of combustibles; information technology services; engineering consultancy; the operation and maintenance of rails and roads concessions; as well as the execution and management of projects related to the generation of electric power; among others.
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