Vivendi (OTCMKTS:VIVHY) Shares Gap Up – Time to Buy?

Shares of Vivendi SA (OTCMKTS:VIVHY) gapped up before the market opened on Friday. The stock had previously closed at $1.63, but opened at $1.78. Vivendi shares last traded at $1.77, with a volume of 14,822 shares.

Analysts Set New Price Targets

Separately, Kepler Capital Markets lowered shares of Vivendi from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 4th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat, Vivendi presently has an average rating of “Hold”.

Vivendi Stock Performance

The business has a 50 day moving average of $1.69 and a 200 day moving average of $2.20.

About Vivendi

Vivendi SE is a French investment and media group with interests spanning music, entertainment, publishing and communications. The company has historically developed and managed businesses that create, distribute and monetize cultural and media content across international markets.

Vivendi’s former operating portfolio included Canal+, a pay-television and streaming business; Havas, an international advertising and communications network; and publishing and retail media activities associated with Lagardère and Prisma Media.