Vicat (OTCMKTS:SDCVF) Shares Up 0.8% – Here’s Why

Vicat S.A. (OTCMKTS:SDCVF) shot up 0.8% during mid-day trading on Wednesday . The stock traded as high as $88.7103 and last traded at $88.7103. 1,000 shares changed hands during trading, an increase of 117% from the average session volume of 460 shares. The stock had previously closed at $88.00.

Wall Street Analyst Weigh In

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

Vicat Stock Up 0.8%

The firm’s 50 day moving average price is $80.27 and its two-hundred day moving average price is $69.71.

About Vicat

Vicat is a France-based building materials group specializing in the manufacture and distribution of cement, ready-mix concrete, aggregates and specialized construction products. The company’s operations span the full value chain of hydraulic binders, from quarrying and raw-material processing to large-scale production facilities and on-site deliveries. In addition to standard cement and concrete offerings, Vicat provides tailored solutions for infrastructure, housing, industrial projects and environmental works, including mortars, gypsum-based products and admixtures.

Founded in 1853 by Joseph Vicat—son of renowned engineer Louis Vicat—the company pioneered early developments in hydraulic binders and has remained under family influence for much of its history.