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

Vinci SA (OTCMKTS:VCISY)’s share price reached a new 52-week high on Wednesday . The company traded as high as $40.80 and last traded at $40.80, with a volume of 124034 shares trading hands. The stock had previously closed at $40.20.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on VCISY shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Vinci in a research report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Vinci in a research note on Thursday, January 15th. Finally, Zacks Research upgraded shares of Vinci from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 13th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Vinci has a consensus rating of “Moderate Buy”.

Vinci Stock Performance

The company’s 50 day simple moving average is $36.16 and its 200-day simple moving average is $35.25. The company has a quick ratio of 0.80, a current ratio of 0.85 and a debt-to-equity ratio of 0.87.

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.