Vivendi (OTCMKTS:VIVHY) Stock Crosses Above Two Hundred Day Moving Average - Here's Why

Key Points

• Vivendi SA's share price has crossed above its 200-day moving average, trading as high as $3.52 on Monday.
• Kepler Capital Markets upgraded Vivendi from a "hold" to a "strong-buy" rating, reflecting positive sentiment among analysts.
• The company's key financial ratios include a debt-to-equity ratio of 0.43 and a current ratio of 0.24, indicating its financial health.

Vivendi SA (OTCMKTS:VIVHY - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.41 and traded as high as $3.52. Vivendi shares last traded at $3.51, with a volume of 1,886 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets upgraded shares of Vivendi from a "hold" rating to a "strong-buy" rating in a report on Monday, July 21st. Two analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Vivendi presently has a consensus rating of "Buy".

Vivendi Price Performance

The firm's 50 day moving average is $3.57 and its two-hundred day moving average is $3.41. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.43.

About Vivendi

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.