Bureau Veritas Registre International De Classification (OTCMKTS:BVRDF) Stock Price Crosses Below 50-Day Moving Average – What’s Next?

Shares of Bureau Veritas Registre International De Classification (OTCMKTS:BVRDF) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $32.11 and traded as low as $31.05. Bureau Veritas Registre International De Classification shares last traded at $31.05, with a volume of 4,241 shares trading hands.

Analysts Set New Price Targets

A number of brokerages have recently commented on BVRDF. Citigroup reiterated a “neutral” rating on shares of Bureau Veritas Registre International De Classification in a research report on Tuesday, October 28th. Royal Bank Of Canada lowered shares of Bureau Veritas Registre International De Classification from a “sector perform” rating to an “underperform” rating in a research note on Monday, December 1st. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Bureau Veritas Registre International De Classification in a research report on Monday, December 1st. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Bureau Veritas Registre International De Classification has an average rating of “Reduce”.

Bureau Veritas Registre International De Classification Stock Up 0.7%

The firm’s fifty day moving average price is $32.11 and its 200 day moving average price is $32.33.

Bureau Veritas Registre International De Classification Company Profile

Bureau Veritas Registre International De Classification (OTCMKTS:BVRDF) is the over-the-counter ticker for Bureau Veritas SA, a global leader in testing, inspection and certification (TIC) services. Founded in 1828 and headquartered in Paris, France, the company evolved from a maritime classification society into a diversified provider of conformity assessment solutions. Today, Bureau Veritas operates through a network of laboratories, inspection sites and offices to help clients manage risk, ensure quality and comply with regulatory standards.

The company’s core activities span four primary service lines.