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Veolia Environnement (OTCMKTS:VEOEY) Trading Down 1.4% - Time to Sell?

Veolia Environnement logo with Utilities background

Veolia Environnement SA (OTCMKTS:VEOEY - Get Free Report)'s stock price traded down 1.4% on Friday . The company traded as low as $16.80 and last traded at $16.92. 77,865 shares traded hands during mid-day trading, a decline of 2% from the average session volume of 79,228 shares. The stock had previously closed at $17.16.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on VEOEY. Sanford C. Bernstein upgraded Veolia Environnement to a "strong-buy" rating in a research note on Tuesday, March 18th. Citigroup downgraded shares of Veolia Environnement from a "hold" rating to a "strong sell" rating in a research note on Tuesday, April 8th.

View Our Latest Research Report on VEOEY

Veolia Environnement Stock Up 1.4%

The company has a debt-to-equity ratio of 1.29, a current ratio of 0.91 and a quick ratio of 0.86. The firm has a fifty day moving average of $17.50 and a 200 day moving average of $15.93.

Veolia Environnement Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 12th were given a dividend of $0.5412 per share. This represents a dividend yield of 2.96%. The ex-dividend date was Friday, May 9th.

About Veolia Environnement

(Get Free Report)

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.

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