Vicat S.A. (OTCMKTS:SDCVF) Sees Large Drop in Short Interest

Vicat S.A. (OTCMKTS:SDCVF) was the recipient of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 395 shares, a decline of 16.8% from the January 15th total of 475 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Analysts Set New Price Targets

Several equities research analysts have recently commented on SDCVF shares. Citigroup reaffirmed a “neutral” rating on shares of Vicat in a research report on Monday, January 12th. Oddo Bhf raised Vicat to an “outperform” rating in a research report on Wednesday, January 14th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Vicat currently has a consensus rating of “Moderate Buy”.

Vicat Stock Performance

OTCMKTS:SDCVF remained flat at $88.71 during mid-day trading on Monday. Vicat has a 12-month low of $70.00 and a 12-month high of $88.71. The firm has a 50 day moving average of $87.24 and a two-hundred day moving average of $74.64.

About Vicat

Vicat is a France-based building materials group specializing in the manufacture and distribution of cement, ready-mix concrete, aggregates and specialized construction products. The company’s operations span the full value chain of hydraulic binders, from quarrying and raw-material processing to large-scale production facilities and on-site deliveries. In addition to standard cement and concrete offerings, Vicat provides tailored solutions for infrastructure, housing, industrial projects and environmental works, including mortars, gypsum-based products and admixtures.

Founded in 1853 by Joseph Vicat—son of renowned engineer Louis Vicat—the company pioneered early developments in hydraulic binders and has remained under family influence for much of its history.