Zacks Research Upgrades Veolia Environnement (OTCMKTS:VEOEY) to Hold

Veolia Environnement (OTCMKTS:VEOEY) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

Veolia Environnement Price Performance

OTCMKTS:VEOEY opened at $17.23 on Monday. Veolia Environnement has a 1-year low of $13.62 and a 1-year high of $18.49. The firm has a fifty day simple moving average of $17.09 and a 200 day simple moving average of $17.18. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.88 and a quick ratio of 0.83.

Veolia Environnement Company Profile

Veolia Environnement (OTCMKTS: VEOEY) is a multinational environmental services company headquartered in France that provides a broad range of water, waste and energy management solutions to municipal and industrial customers. Its core activities include water supply and wastewater treatment, collection and recovery of solid and hazardous waste, and energy services such as district heating and industrial energy optimization. The company also develops circular economy and recycling programs, environmental engineering, and operational maintenance services aimed at improving resource efficiency and reducing environmental impact.

Veolia serves public-sector clients and private businesses across many regions worldwide, with operations spanning Europe, the Americas, Asia, Africa and the Middle East.