Vinci (OTCMKTS:VCISY) Upgraded to “Moderate Buy” at Royal Bank of Canada

Royal Bank of Canada upgraded shares of Vinci (OTCMKTS:VCISYFree Report) to a moderate buy rating in a report published on Tuesday,Zacks.com reports.

Vinci Trading Up 0.7 %

VCISY traded up $0.17 on Tuesday, reaching $26.25. 442,234 shares of the company traded hands, compared to its average volume of 159,190. The firm has a fifty day simple moving average of $28.90 and a two-hundred day simple moving average of $29.01. Vinci has a one year low of $25.40 and a one year high of $32.82.

Vinci Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th were given a $0.2897 dividend. The ex-dividend date of this dividend was Tuesday, October 15th.

About Vinci

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Vinci SA, together with its subsidiaries, engages in concessions, energy, and construction businesses in France and internationally. The Concessions segment manages motorway concessions; operates airports; and highways, railways, and stadium. Its Energy segment provides services to the manufacturing sector, infrastructure, facilities management, and information and communication technology; and industrial and energy-related services, which includes development of renewable energy assets, as well as engineering, procurement, and construction projects in the energy sector.

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