Bureau Veritas Registre International De Classification (OTCMKTS:BVRDF) Sees Unusually-High Trading Volume – Here’s Why

Shares of Bureau Veritas Registre International De Classification (OTCMKTS:BVRDF) saw an uptick in trading volume on Tuesday . 2,886 shares were traded during mid-day trading, an increase of 315% from the previous session’s volume of 696 shares.The stock last traded at $32.2254 and had previously closed at $33.14.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on BVRDF shares. Royal Bank Of Canada lowered shares of Bureau Veritas Registre International De Classification from a “sector perform” rating to an “underperform” rating in a research report on Monday, December 1st. Citigroup reaffirmed a “neutral” rating on shares of Bureau Veritas Registre International De Classification in a report on Tuesday, October 28th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Bureau Veritas Registre International De Classification in a research report on Monday, December 1st. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Bureau Veritas Registre International De Classification presently has an average rating of “Reduce”.

Bureau Veritas Registre International De Classification Price Performance

The business has a 50-day simple moving average of $31.54 and a two-hundred day simple moving average of $31.79.

Bureau Veritas Registre International De Classification Company Profile

Bureau Veritas Registre International De Classification (OTCMKTS:BVRDF) is the over-the-counter ticker for Bureau Veritas SA, a global leader in testing, inspection and certification (TIC) services. Founded in 1828 and headquartered in Paris, France, the company evolved from a maritime classification society into a diversified provider of conformity assessment solutions. Today, Bureau Veritas operates through a network of laboratories, inspection sites and offices to help clients manage risk, ensure quality and comply with regulatory standards.

The company’s core activities span four primary service lines.