Veolia Environnement S.A. (OTCMKTS:VEOEY) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 10,000 shares, an increase of 426.3% from the December 31st total of 1,900 shares. Based on an average daily trading volume, of 60,800 shares, the days-to-cover ratio is presently 0.2 days.
Shares of OTCMKTS:VEOEY opened at $26.76 on Friday. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.95 and a quick ratio of 0.90. Veolia Environnement has a 1-year low of $17.67 and a 1-year high of $32.00. The company has a market capitalization of $15.48 billion, a P/E ratio of 19.11 and a beta of 0.82. The firm’s 50 day simple moving average is $25.56 and its two-hundred day simple moving average is $23.02.
A number of equities analysts recently issued reports on VEOEY shares. Zacks Investment Research downgraded shares of Veolia Environnement from a “buy” rating to a “hold” rating in a report on Friday, October 30th. Barclays reaffirmed an “equal weight” rating on shares of Veolia Environnement in a report on Tuesday, January 12th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $23.00.
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.
Further Reading: CBOE Russell 2000® Volatility Index