Veolia Environnement (OTCMKTS:VEOEY) Hits New 52-Week High – Here’s What Happened

Veolia Environnement SA (OTCMKTS:VEOEY)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $19.62 and last traded at $19.62, with a volume of 57016 shares. The stock had previously closed at $19.21.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Veolia Environnement from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Veolia Environnement Stock Performance

The company has a current ratio of 0.88, a quick ratio of 0.83 and a debt-to-equity ratio of 1.64. The stock has a 50 day moving average price of $17.72 and a two-hundred day moving average price of $17.25.

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.