Veolia Environnement (OTCMKTS:VEOEY) Cut to Hold at Zacks Research

Zacks Research downgraded shares of Veolia Environnement (OTCMKTS:VEOEY) from a strong-buy rating to a hold rating in a research note issued to investors on Tuesday,Zacks.com reports.

Veolia Environnement Stock Performance

Shares of OTCMKTS:VEOEY opened at $17.6790 on Tuesday. Veolia Environnement has a fifty-two week low of $13.44 and a fifty-two week high of $18.49. The business has a 50-day simple moving average of $17.62 and a two-hundred day simple moving average of $16.98. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.91 and a quick ratio of 0.86.

Veolia Environnement Company Profile

Veolia Environnement SA designs and provides water, waste, and energy management solutions worldwide. It operates through France and Special Waste Europe; Europe excluding France; Rest of the World; Water Technologies; and Other segments. The company is involved in resource management; customer relationship management; drinking water treatment and distribution; wastewater treatment; design and construction of treatment and network infrastructure; and sale of water treatment equipment, technologies, and facilities.