Veolia Environnement (OTCMKTS:VEOEY) Shares Gap Up – Should You Buy?

by · The Cerbat Gem

Shares of Veolia Environnement SA (OTCMKTS:VEOEY – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $17.46, but opened at $17.92. Veolia Environnement shares last traded at $17.40, with a volume of 9,053 shares trading hands.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered Veolia Environnement from a “hold” rating to a “strong sell” rating in a research note on Friday, November 28th. One analyst has rated the stock with a Strong Buy rating and two have given a Sell rating to the company. According to MarketBeat, Veolia Environnement currently has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on VEOEY

Veolia Environnement Stock Performance

The firm’s 50 day moving average price is $16.96 and its 200-day moving average price is $17.17. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.88 and a quick ratio of 0.83.

About Veolia Environnement

(Get Free Report)

Veolia Environnement (OTCMKTS: VEOEY) is a multinational environmental services company headquartered in France that provides a broad range of water, waste and energy management solutions to municipal and industrial customers. Its core activities include water supply and wastewater treatment, collection and recovery of solid and hazardous waste, and energy services such as district heating and industrial energy optimization. The company also develops circular economy and recycling programs, environmental engineering, and operational maintenance services aimed at improving resource efficiency and reducing environmental impact.

Veolia serves public-sector clients and private businesses across many regions worldwide, with operations spanning Europe, the Americas, Asia, Africa and the Middle East.

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