Vinci (OTCMKTS:VCISY) Sets New 12-Month Low – What’s Next?

Shares of Vinci SA (OTCMKTS:VCISY) reached a new 52-week low on Friday . The stock traded as low as $25.13 and last traded at $25.44, with a volume of 280309 shares. The stock had previously closed at $25.39.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada upgraded Vinci to a “moderate buy” rating in a report on Tuesday, November 12th.

Vinci Stock Performance

The firm’s fifty day simple moving average is $26.91 and its 200 day simple moving average is $28.15.

Vinci Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 15th were given a $0.2897 dividend. The ex-dividend date was Tuesday, October 15th.

Vinci Company Profile

Vinci SA, together with its subsidiaries, engages in concessions, energy, and construction businesses in France and internationally. The Concessions segment manages motorway concessions; operates airports; and highways, railways, and stadium. Its Energy segment provides services to the manufacturing sector, infrastructure, facilities management, and information and communication technology; and industrial and energy-related services, which includes development of renewable energy assets, as well as engineering, procurement, and construction projects in the energy sector.