Veolia Environnement (OTCMKTS:VEOEY) Hits New 52-Week High – Should You Buy?

Veolia Environnement SA (OTCMKTS:VEOEY)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $20.1099 and last traded at $19.98, with a volume of 91780 shares. The stock had previously closed at $19.88.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Veolia Environnement from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold”.

Veolia Environnement Stock Performance

The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.83 and a current ratio of 0.88. The business’s 50 day simple moving average is $18.14 and its 200-day simple moving average is $17.38.

About Veolia Environnement

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.