Vinci (OTCMKTS:VCISY) Sees Large Volume Increase – Here’s What Happened

Vinci SA (OTCMKTS:VCISY) saw unusually-high trading volume on Thursday . Approximately 394,846 shares were traded during trading, an increase of 168% from the previous session’s volume of 147,163 shares.The stock last traded at $33.57 and had previously closed at $34.00.

Analysts Set New Price Targets

A number of research firms have recently issued reports on VCISY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Vinci in a research report on Thursday. Zacks Research raised Vinci from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Vinci has a consensus rating of “Moderate Buy”.

Vinci Price Performance

The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.80 and a current ratio of 0.83. The company has a 50-day moving average of $34.91 and a 200-day moving average of $35.13.

Vinci Company Profile

Vinci (OTCMKTS: VCISY) is a France-based integrated concessions and construction company that develops, finances, builds and operates infrastructure and facilities. The group’s activities span large-scale civil engineering and building projects, operation of transport infrastructure, and specialist energy and technical services. Vinci serves public and private clients with capabilities across the full project lifecycle, from design and construction to long-term asset management and operation.

Vinci’s principal business lines include construction (building, civil engineering and major projects), energy and information & communication technology services, and concessions.