Vinci (OTCMKTS:VCISY) Hits New 52-Week Low – What’s Next?

Vinci SA (OTCMKTS:VCISY)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $25.31 and last traded at $25.55, with a volume of 387563 shares trading hands. The stock had previously closed at $26.32.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada raised shares of Vinci to a “moderate buy” rating in a research note on Tuesday, November 12th.

Vinci Trading Up 1.4 %

The stock’s fifty day moving average price is $27.67 and its 200 day moving average price is $28.57.

Vinci Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th were given a $0.2897 dividend. The ex-dividend date of this dividend was Tuesday, October 15th.

About Vinci

Vinci SA, together with its subsidiaries, engages in concessions, energy, and construction businesses in France and internationally. The Concessions segment manages motorway concessions; operates airports; and highways, railways, and stadium. Its Energy segment provides services to the manufacturing sector, infrastructure, facilities management, and information and communication technology; and industrial and energy-related services, which includes development of renewable energy assets, as well as engineering, procurement, and construction projects in the energy sector.