Vinci (OTCMKTS:VCISY) Hits New 1-Year High – Here’s Why

Vinci SA (OTCMKTS:VCISY)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $39.57 and last traded at $39.38, with a volume of 4586 shares changing hands. The stock had previously closed at $36.56.

Wall Street Analysts Forecast Growth

VCISY has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Vinci in a research note on Thursday, January 15th. Zacks Research raised Vinci from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 13th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Vinci Stock Performance

The firm’s fifty day moving average is $35.24 and its 200-day moving average is $34.98. The company has a current ratio of 0.83, a quick ratio of 0.80 and a debt-to-equity ratio of 0.89.

Vinci Company Profile

Vinci (OTCMKTS: VCISY) is a France-based integrated concessions and construction company that develops, finances, builds and operates infrastructure and facilities. The group’s activities span large-scale civil engineering and building projects, operation of transport infrastructure, and specialist energy and technical services. Vinci serves public and private clients with capabilities across the full project lifecycle, from design and construction to long-term asset management and operation.

Vinci’s principal business lines include construction (building, civil engineering and major projects), energy and information & communication technology services, and concessions.