Vinci (OTCMKTS:VCISY) Upgraded at Royal Bank of Canada

Royal Bank of Canada upgraded shares of Vinci (OTCMKTS:VCISY) to a moderate buy rating in a report released on Tuesday morning,Zacks.com reports.

Vinci Price Performance

OTCMKTS:VCISY traded up $0.17 during midday trading on Tuesday, hitting $26.25. 442,234 shares of the company were exchanged, compared to its average volume of 159,190. Vinci has a fifty-two week low of $25.40 and a fifty-two week high of $32.82. The company has a fifty day simple moving average of $28.90 and a 200 day simple moving average of $29.01.

Vinci Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th were paid a $0.2897 dividend. The ex-dividend date of this dividend was Tuesday, October 15th.

Vinci Company Profile

Vinci SA, together with its subsidiaries, engages in concessions, energy, and construction businesses in France and internationally. The Concessions segment manages motorway concessions; operates airports; and highways, railways, and stadium. Its Energy segment provides services to the manufacturing sector, infrastructure, facilities management, and information and communication technology; and industrial and energy-related services, which includes development of renewable energy assets, as well as engineering, procurement, and construction projects in the energy sector.