Veolia Environnement S.A. (OTCMKTS:VEOEY – Get Rating) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totalling 104,200 shares, an increase of 707.8% from the June 30th total of 12,900 shares. Based on an average trading volume of 146,200 shares, the short-interest ratio is presently 0.7 days.
Analyst Ratings Changes
Several equities analysts have commented on VEOEY shares. The Goldman Sachs Group initiated coverage on shares of Veolia Environnement in a research note on Sunday, April 10th. They issued a “buy” rating for the company. JPMorgan Chase & Co. initiated coverage on shares of Veolia Environnement in a research report on Tuesday. They set an “underweight” rating for the company. Finally, Berenberg Bank decreased their price objective on shares of Veolia Environnement from €39.00 ($39.80) to €36.50 ($37.24) in a research report on Thursday, May 19th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $36.50.
Veolia Environnement Stock Up 3.6 %
Shares of VEOEY opened at $24.11 on Thursday. Veolia Environnement has a 1-year low of $22.33 and a 1-year high of $37.80. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.98 and a quick ratio of 0.95. The firm has a fifty day moving average price of $25.54 and a 200 day moving average price of $30.06.
Veolia Environnement Cuts Dividend
The business also recently declared a dividend, which was paid on Friday, July 22nd. Investors of record on Friday, July 8th were given a $0.8178 dividend. The ex-dividend date of this dividend was Thursday, July 7th. This represents a yield of 7.37%.
Veolia Environnement Company Profile
Veolia Environnement SA designs and provides water, waste, and energy management solutions worldwide. The company is involved in the resource management, production, and delivery of drinking water and industrial process water; collection, treatment, and recycling of wastewater; and design and construction of treatment and network infrastructure.
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Source: defenseworld.net
