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

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

Vinci Stock Up 0.7 %

OTCMKTS:VCISY traded up $0.17 during mid-day trading on Tuesday, hitting $26.25. The stock had a trading volume of 442,234 shares, compared to its average volume of 159,190. The stock has a 50-day simple moving average of $28.90 and a two-hundred day simple moving average of $29.01. Vinci has a twelve month low of $25.40 and a twelve month 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 dividend of $0.2897 per share. The ex-dividend date of this dividend was Tuesday, October 15th.

About Vinci

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.