Veolia Environnement (OTCMKTS:VEOEY) Sets New 12-Month High – Time to Buy?

Veolia Environnement SA (OTCMKTS:VEOEY)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $19.62 and last traded at $19.62, with a volume of 57016 shares. The stock had previously closed at $19.21.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of 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 stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Veolia Environnement Stock Performance

The business has a fifty day moving average of $17.72 and a two-hundred day moving average of $17.25. The company has a quick ratio of 0.83, a current ratio of 0.88 and a debt-to-equity ratio of 1.64.

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.