Shares of Veolia Environnement S.A. (OTCMKTS:VEOEY) hit a new 52-week high during trading on Monday . The stock traded as high as $30.25 and last traded at $29.94, with a volume of 23488 shares trading hands. The stock had previously closed at $29.89.
Several brokerages recently commented on VEOEY. Barclays reissued an “equal weight” rating on shares of Veolia Environnement in a research report on Monday, March 8th. DZ Bank raised shares of Veolia Environnement from a “hold” rating to a “buy” rating in a report on Friday, February 26th. Finally, Berenberg Bank reaffirmed a “buy” rating on shares of Veolia Environnement in a report on Tuesday, February 16th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. Veolia Environnement currently has an average rating of “Hold” and an average target price of $23.00.
The business’s fifty day moving average price is $27.00 and its 200-day moving average price is $24.73. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.90 and a current ratio of 0.95. The stock has a market cap of $17.32 billion, a PE ratio of 21.35 and a beta of 0.82.
Veolia Environnement SA designs and provides water, waste, and energy management solutions worldwide. The company is involved in the resource management, production, and delivery of drinking water and industrial process water; collection, treatment, and recycling of wastewater; and design and construction of treatment and network infrastructure.
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