Veolia Environnement (OTCMKTS:VEOEY) Stock Price Up 0.7% – What’s Next?

Veolia Environnement SA (OTCMKTS:VEOEY)’s share price shot up 0.7% during mid-day trading on Friday . The company traded as high as $16.76 and last traded at $16.64. 178,310 shares changed hands during trading, a decline of 4% from the average session volume of 186,657 shares. The stock had previously closed at $16.52.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded shares of Veolia Environnement from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Veolia Environnement currently has a consensus rating of “Hold”.

Veolia Environnement Price Performance

The business has a 50 day moving average of $17.47 and a 200-day moving average of $17.18. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.86 and a current ratio of 0.91.

About Veolia Environnement

Veolia Environnement SA designs and provides water, waste, and energy management solutions worldwide. It operates through France and Special Waste Europe; Europe excluding France; Rest of the World; Water Technologies; and Other segments. The company is involved in resource management; customer relationship management; drinking water treatment and distribution; wastewater treatment; design and construction of treatment and network infrastructure; and sale of water treatment equipment, technologies, and facilities.