Bureau Veritas Registre International De Classification (OTCMKTS:BVRDF) Hits New 1-Year Low – Here’s What Happened

Shares of Bureau Veritas Registre International De Classification (OTCMKTS:BVRDF) hit a new 52-week low on Thursday. The company traded as low as $28.20 and last traded at $28.20, with a volume of 200 shares changing hands. The stock had previously closed at $32.23.

Analyst Upgrades and Downgrades

BVRDF has been the topic of several recent research reports. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Bureau Veritas Registre International De Classification in a research report on Tuesday, August 4th. Citigroup upgraded shares of Bureau Veritas Registre International De Classification from a “hold” rating to a “buy” rating in a research report on Friday. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Bureau Veritas Registre International De Classification Stock Performance

The business has a 50-day moving average of $31.34 and a 200 day moving average of $30.83.

About Bureau Veritas Registre International De Classification

Bureau Veritas Registre International de Classification is a French classification society that provides technical inspection, certification and verification services for the maritime and offshore industries. The company evaluates the design, construction and ongoing operation of ships and other marine assets against applicable safety, engineering and environmental standards.

Its services include vessel classification, statutory surveys performed on behalf of flag administrations, ship inspections, and technical assessments related to machinery, hull structures, offshore installations and marine equipment.