Vivendi (OTCMKTS:VIVHY) Reaches New 1-Year Low - Time to Sell?

Key Points

• Shares of Vivendi hit a new 52-week low, trading as low as $2.01 and last at $2.0250 on volume of 275,250 shares.
• The stock is down about 2.3% and is trading below its 50-day ($2.58) and 200-day ($2.97) moving averages, signaling technical weakness.
• Analysts have a consensus Hold rating (Kepler Capital Markets recently restated a Hold), and Vivendi remains a diversified media conglomerate with a significant stake in Universal Music Group.

Shares of Vivendi SA (OTCMKTS:VIVHY - Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $2.01 and last traded at $2.0250, with a volume of 275250 shares traded. The stock had previously closed at $2.0735.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets restated a "hold" rating on shares of Vivendi in a report on Monday, December 1st. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Vivendi has a consensus rating of "Hold".

Vivendi Trading Down 2.3%

The stock has a fifty day moving average of $2.58 and a 200-day moving average of $2.97.

About Vivendi

Vivendi is a French multinational conglomerate headquartered in Paris, primarily active in the media, entertainment and communications sectors. The company's diversified portfolio encompasses music, television, film, video games and advertising, reflecting its evolution from a water utility to a global content powerhouse. Vivendi operates through major subsidiaries and associated businesses, positioning itself as a key player in the creation, distribution and promotion of creative content around the world.

In the music industry, Vivendi holds a significant stake in Universal Music Group, one of the world's leading music enterprises.

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