Vinci (OTCMKTS:VCISY) Shares Gap Down - Should You Sell?

Key Points

• Vinci SA's shares gapped down from a previous close of $34.59 to an opening of $33.57 on Monday, with the last traded price at $33.54.
• Despite the drop, Wall Street Analysts maintain a positive outlook, with Barclays reiterating an "overweight" rating and an average rating of "Buy" for the stock.
• Vinci has announced a dividend of $0.1949 per share, set to be paid on October 31st, representing a significant yield of 290.0%.

Shares of Vinci SA (OTCMKTS:VCISY - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $34.59, but opened at $33.57. Vinci shares last traded at $33.54, with a volume of 21,744 shares.

Wall Street Analysts Forecast Growth

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

Vinci Stock Performance

The company has a current ratio of 0.83, a quick ratio of 0.80 and a debt-to-equity ratio of 0.89. The company's fifty day moving average is $35.11 and its 200 day moving average is $34.99.

Vinci Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, October 31st. Shareholders of record on Monday, October 13th will be given a $0.1949 dividend. The ex-dividend date is Friday, October 10th. This represents a yield of 290.0%.

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.

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