Vinci (OTCMKTS:VCISY) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Vinci SA (OTCMKTS:VCISY)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $35.45 and traded as high as $36.44. Vinci shares last traded at $36.12, with a volume of 49,505 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Citigroup downgraded Vinci from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 27th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Vinci Trading Down 0.6%

The firm has a 50-day simple moving average of $35.45 and a 200-day simple moving average of $37.03. The company has a current ratio of 0.85, a quick ratio of 0.82 and a debt-to-equity ratio of 0.87.

About Vinci

Vinci (OTCMKTS: VCISY) is a France-based integrated concessions and construction company that develops, finances, builds and operates infrastructure and facilities. The group’s activities span large-scale civil engineering and building projects, operation of transport infrastructure, and specialist energy and technical services. Vinci serves public and private clients with capabilities across the full project lifecycle, from design and construction to long-term asset management and operation.

Vinci’s principal business lines include construction (building, civil engineering and major projects), energy and information & communication technology services, and concessions.