Veolia Environnement (OTCMKTS:VEOEY) Hits New 52-Week High – What’s Next?

Veolia Environnement SA (OTCMKTS:VEOEY) shares hit a new 52-week high on Tuesday . The stock traded as high as $18.80 and last traded at $18.79, with a volume of 84033 shares changing hands. The stock had previously closed at $18.2780.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Veolia Environnement from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Veolia Environnement Trading Up 2.6%

The company’s 50-day moving average is $17.20 and its two-hundred day moving average is $17.15. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.88 and a quick ratio of 0.83.

Veolia Environnement Company Profile

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.