Vicat S.A. (OTCMKTS:SDCVF – Get Rating) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 400 shares, a growth of 100.0% from the February 13th total of 200 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 2.0 days.
Vicat Stock Performance
Shares of SDCVF opened at $20.05 on Friday. The business’s fifty day moving average is $20.05 and its 200 day moving average is $21.07. Vicat has a 12-month low of $20.05 and a 12-month high of $39.72.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the company. Berenberg Bank cut their price target on Vicat from €29.00 ($30.85) to €23.00 ($24.47) and set a “hold” rating on the stock in a report on Wednesday, January 11th. Societe Generale cut their target price on Vicat from €31.00 ($32.98) to €25.00 ($26.60) in a report on Monday, November 14th. Finally, Barclays increased their target price on Vicat from €27.00 ($28.72) to €29.00 ($30.85) in a report on Monday, November 21st.
About Vicat
Vicat SA produces and sells cement, ready-mixed concrete, and aggregates. The company operates in three segments: Cement, Concrete & Aggregates, and Other Products & Services. It offers various cement products, including Portland cement, Portland composite cement, blast furnace cement, slag cement, and Pozzolan cement for the general contractors, such as concrete mixers; manufacturers of precast concrete products; construction and public works contractors; local authorities; residential property developers or master masons; and construction material wholesalers or retail chains.
Read More
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