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Vivendi (OTCMKTS:VIVHY) Shares Gap Up - Here's Why

Vivendi logo with Utilities background

Vivendi SA (OTCMKTS:VIVHY - Get Free Report)'s share price gapped up before the market opened on Friday . The stock had previously closed at $3.34, but opened at $3.77. Vivendi shares last traded at $3.82, with a volume of 54,985 shares.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on VIVHY. The Goldman Sachs Group upgraded Vivendi to a "hold" rating in a research note on Tuesday, March 25th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Vivendi in a report on Wednesday, March 26th. Finally, Kepler Capital Markets upgraded Vivendi to a "hold" rating in a report on Wednesday, July 9th.

Check Out Our Latest Stock Report on VIVHY

Vivendi Trading Up 13.2%

The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.43. The company has a fifty day moving average price of $3.27 and a two-hundred day moving average price of $4.31.

Vivendi Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, May 23rd. Investors of record on Thursday, May 1st were given a $0.0317 dividend. This represents a yield of 1.13%. The ex-dividend date was Wednesday, April 30th.

Vivendi Company Profile

(Get Free Report)

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.

Further Reading

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