Vinci (OTCMKTS:VCISY) Shares Gap Down – Here’s What Happened

Vinci SA (OTCMKTS:VCISY)’s share price gapped down prior to trading on Monday . The stock had previously closed at $40.70, but opened at $39.22. Vinci shares last traded at $39.33, with a volume of 17,008 shares.

Analysts Set New Price Targets

Several research analysts have recently issued reports on VCISY shares. Royal Bank Of Canada restated an “outperform” rating on shares of Vinci in a report on Thursday, February 12th. Zacks Research upgraded shares of Vinci from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Vinci in a report on Thursday, January 15th. Finally, Erste Group Bank cut shares of Vinci from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Vinci has a consensus rating of “Moderate Buy”.

Vinci Trading Down 1.2%

The firm’s fifty day moving average price is $38.94 and its 200-day moving average price is $36.36. The company has a quick ratio of 0.82, a current ratio of 0.85 and a debt-to-equity ratio of 0.87.

Vinci Company Profile

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.