Vivendi (OTCMKTS:VIVHY) Shares Gap Up – What’s Next?

Vivendi SA (OTCMKTS:VIVHY) shares gapped up prior to trading on Friday. The stock had previously closed at $1.5956, but opened at $1.72. Vivendi shares last traded at $1.72, with a volume of 20,341 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets cut shares of Vivendi from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 4th. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Vivendi Stock Up 1.8%

The business has a fifty day moving average of $1.72 and a 200 day moving average of $2.13.

About Vivendi

Vivendi SE is a French media and entertainment group with activities spanning content creation, publishing, communications and cultural services. The company’s businesses have included television and film production and distribution, pay television, music, video games, advertising, publishing and live entertainment. Its operations and investments serve audiences and clients in Europe and other international markets.

Vivendi’s principal businesses have historically included Canal+, a provider of premium television and streaming content; Havas, a global advertising and communications network; and Lagardère, whose activities include publishing, retail and travel services.