Vivendi (OTCMKTS:VIVHY) Sees Strong Trading Volume - Here's Why

Key Points

• Vivendi experienced a significant surge in trading volume, with approximately 313,532 shares traded, marking a 175% increase from the previous day.
• Analysts at Kepler Capital Markets upgraded Vivendi's rating from "hold" to "strong-buy," indicating increased confidence in the stock's potential.
• The stock's current price is $3.66, which is slightly down from its previous closing price of $3.71.

Vivendi SA (OTCMKTS:VIVHY - Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 313,532 shares were traded during mid-day trading, an increase of 175% from the previous session's volume of 114,140 shares.The stock last traded at $3.66 and had previously closed at $3.71.

Analysts Set New Price Targets

Separately, Kepler Capital Markets raised Vivendi from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 21st.

Vivendi Trading Down 1.2%

The stock's 50 day moving average is $3.41 and its two-hundred day moving average is $4.13. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.24 and a quick ratio of 0.24.

Vivendi Company Profile

Vivendi SE operates as an entertainment, media, and communication company in France, the rest of Europe, the Americas, Asia/Oceania, and Africa. It operates through Canal+ Group, Lagardère, Havas, Prisma Media, Gameloft, Vivendi Village, New Initiatives, and Generosity and Solidarity segments. The Canal+ Group segment publishes and distributes premium and thematic pay-TV and free-to-air channels; and produces, sells, and distributes movies and TV series.

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.