Vicat (OTCMKTS:SDCVF) Shares Up 12.7% – Still a Buy?

Vicat S.A. (OTCMKTS:SDCVF) traded up 12.7% on Tuesday . The company traded as high as $88.00 and last traded at $88.00. 134 shares were traded during mid-day trading, a decline of 71% from the average session volume of 467 shares. The stock had previously closed at $78.10.

Wall Street Analysts Forecast Growth

Separately, Citigroup reaffirmed a “neutral” rating on shares of Vicat in a research note on Monday, November 24th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Vicat Price Performance

The stock has a 50-day moving average of $74.11 and a two-hundred day moving average of $66.96.

About Vicat

Vicat SA, together with its subsidiaries, engages in the production and sale of cement, ready-mixed concrete, and aggregates for construction industry. The company operates in three segments: Cement, Concrete & Aggregates, and Other Products & Services. The Cement segment offers various cement products 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.