Vivendi (OTCMKTS:VIVHY) Shares Gap Up – Here’s What Happened

Vivendi SA (OTCMKTS:VIVHY) shares gapped up prior to trading on Thursday. The stock had previously closed at $1.5450, but opened at $1.59. Vivendi shares last traded at $1.60, with a volume of 68,687 shares.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets lowered Vivendi from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 4th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Vivendi currently has a consensus rating of “Hold”.

Vivendi Stock Up 2.3%

The stock’s fifty day simple moving average is $1.76 and its two-hundred day simple moving average is $2.15.

About Vivendi

Vivendi SE is a French media and entertainment group with activities spanning content creation, publishing, communications and cultural services. The company’s businesses have included television and film production and distribution, pay television, music, video games, advertising, publishing and live entertainment. Its operations and investments serve audiences and clients in Europe and other international markets.

Vivendi’s principal businesses have historically included Canal+, a provider of premium television and streaming content; Havas, a global advertising and communications network; and Lagardère, whose activities include publishing, retail and travel services.