Vinci (OTCMKTS:VCISY) Shares Pass Below 50 Day Moving Average - Time to Sell?

Key Points

• Vinci SA's share price has fallen below its 50-day moving average of $35.77, trading as low as $34.65 on Thursday.
• Despite the recent decline, Barclays has maintained an "overweight" rating for Vinci, and the stock has a current consensus rating of "Buy".
• The company has a debt-to-equity ratio of 0.86, indicating a stable financial position alongside its operating segments in concessions, energy, and construction.

Vinci SA (OTCMKTS:VCISY - Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $35.77 and traded as low as $34.65. Vinci shares last traded at $34.81, with a volume of 323,135 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Barclays reiterated an "overweight" rating on shares of Vinci in a report on Monday, September 8th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Vinci presently has an average rating of "Buy".

Vinci Price Performance

The company has a quick ratio of 0.81, a current ratio of 0.85 and a debt-to-equity ratio of 0.86. The stock has a 50 day moving average of $35.67 and a 200 day moving average of $34.70.

Vinci Company Profile

Vinci SA, together with its subsidiaries, engages in concessions, energy, and construction businesses in France and internationally. The Concessions segment manages motorway concessions; operates airports; and highways, railways, and stadium. Its Energy segment provides services to the manufacturing sector, infrastructure, facilities management, and information and communication technology; and industrial and energy-related services, which includes development of renewable energy assets, as well as engineering, procurement, and construction projects in the energy sector.