Vinci (OTCMKTS:VCISY) Hits New 52-Week Low – Here’s Why

Vinci SA (OTCMKTS:VCISY)’s stock price reached a new 52-week low on Thursday . The company traded as low as $32.10 and last traded at $32.14, with a volume of 3058 shares trading hands. The stock had previously closed at $32.35.

Wall Street Analysts Forecast Growth

Separately, Citigroup downgraded Vinci from a “buy” rating to a “neutral” rating in a report on Wednesday, May 27th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold”.

Vinci Stock Performance

The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.82 and a current ratio of 0.85. The firm’s 50-day simple moving average is $34.41 and its two-hundred day simple moving average is $36.51.

Vinci Company Profile

VINCI is a France-based concessions and construction group that develops, finances, builds and operates infrastructure and facilities. Its activities include transport infrastructure, energy systems, buildings and urban development projects, serving public authorities, businesses and private customers.

The company operates through several major business areas. VINCI Concessions manages infrastructure under long-term concession agreements, including motorways, airports and other transport facilities.