Vinci (OTCMKTS:VCISY) Reaches New 52-Week Low – What’s Next?

Vinci SA (OTCMKTS:VCISY)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $31.55 and last traded at $31.5720, with a volume of 104307 shares trading hands. The stock had previously closed at $32.06.

Analyst Ratings Changes

Separately, Citigroup cut Vinci from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 27th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Vinci Stock Performance

The firm’s 50 day moving average price is $34.03 and its 200-day moving average price is $36.10. The company has a quick ratio of 0.82, a current ratio of 0.85 and a debt-to-equity ratio of 0.87.

Vinci Company Profile

VINCI is a France-based concessions and construction group that develops, finances, builds and operates infrastructure and facilities. Its activities include transport infrastructure, energy systems, buildings and urban development projects, serving public authorities, businesses and private customers.

The company operates through several major business areas. VINCI Concessions manages infrastructure under long-term concession agreements, including motorways, airports and other transport facilities.