Vinci (OTCMKTS:VCISY) Sees Strong Trading Volume – Still a Buy?

Vinci SA (OTCMKTS:VCISY) saw an uptick in trading volume on Friday . 669,852 shares traded hands during trading, an increase of 193% from the previous session’s volume of 228,843 shares.The stock last traded at $32.26 and had previously closed at $32.00.

Analysts Set New Price Targets

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

Vinci Trading Up 0.7%

The business has a 50 day moving average price of $34.25 and a 200 day moving average price of $36.41. 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.