Veolia Environnement SA (OTCMKTS:VEOEY - Get Free Report)'s share price dropped 1.4% during trading on Friday . The company traded as low as $16.80 and last traded at $16.92. Approximately 77,865 shares changed hands during mid-day trading, a decline of 2% from the average daily volume of 79,228 shares. The stock had previously closed at $17.16.
Analysts Set New Price Targets
VEOEY has been the topic of a number of recent analyst reports. Sanford C. Bernstein raised Veolia Environnement to a "strong-buy" rating in a research note on Tuesday, March 18th. Citigroup lowered Veolia Environnement from a "hold" rating to a "strong sell" rating in a research note on Tuesday, April 8th.
Check Out Our Latest Analysis on VEOEY
Veolia Environnement Trading Down 1.4%
The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.86 and a current ratio of 0.91. The firm has a 50 day moving average price of $17.50 and a 200-day moving average price of $15.91.
Veolia Environnement Cuts Dividend
The company also recently declared a dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 12th were paid a dividend of $0.5412 per share. This represents a dividend yield of 2.96%. The ex-dividend date of this dividend was Friday, May 9th.
Veolia Environnement Company Profile
(
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Veolia Environnement, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Veolia Environnement wasn't on the list.
While Veolia Environnement currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
