Vinci (OTCMKTS:VCISY) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Vinci SA (OTCMKTS:VCISY) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $35.45 and traded as high as $36.44. Vinci shares last traded at $36.12, with a volume of 49,505 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Citigroup cut shares of Vinci from a “buy” rating to a “neutral” rating in a report on Wednesday, May 27th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Vinci has a consensus rating of “Moderate Buy”.

Vinci Stock Down 0.6%

The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.82 and a current ratio of 0.85. The firm has a 50-day moving average price of $35.45 and a 200-day moving average price of $37.03.

About Vinci

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.