Vinci (OTCMKTS:VCISY) Stock Passes Below Fifty Day Moving Average – What’s Next?

Vinci SA (OTCMKTS:VCISY) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $38.14 and traded as low as $38.07. Vinci shares last traded at $38.32, with a volume of 133,426 shares trading hands.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Vinci in a research note on Thursday, February 12th. Erste Group Bank downgraded shares of Vinci from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Zacks Research raised Vinci from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Vinci in a research note on Thursday, January 15th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Vinci Price Performance

The stock has a 50-day moving average price of $38.14 and a 200 day moving average price of $35.86. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.82 and a current ratio of 0.85.

About Vinci

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.