Veolia Environnement (OTCMKTS:VEOEY) Stock Price Up 0.1% – Still a Buy?

Veolia Environnement SA (OTCMKTS:VEOEY) rose 0.1% during mid-day trading on Friday . The stock traded as high as $17.3550 and last traded at $17.25. Approximately 39,461 shares traded hands during trading, a decline of 53% from the average daily volume of 84,510 shares. The stock had previously closed at $17.23.

Analyst Ratings Changes

Separately, Zacks Research downgraded Veolia Environnement from a “hold” rating to a “strong sell” rating in a research note on Friday, November 28th. One research analyst has rated the stock with a Strong Buy rating and two have given a Sell rating to the company. According to MarketBeat, Veolia Environnement currently has a consensus rating of “Hold”.

Veolia Environnement Stock Up 0.1%

The stock has a fifty day moving average price of $16.95 and a two-hundred day moving average price of $17.17.

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.