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 company traded as low as $25.13 and last traded at $25.44, with a volume of 280309 shares trading hands. The stock had previously closed at $25.39.

Wall Street Analyst Weigh In

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

Vinci Price Performance

The business’s 50 day simple moving average is $26.91 and its 200 day simple moving average is $28.15.

Vinci Cuts Dividend

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