Veolia Environnement (OTCMKTS:VEOEY) Rating Lowered to Strong Sell at Citigroup

Veolia Environnement (OTCMKTS:VEOEY - Get Free Report) was downgraded by equities research analysts at Citigroup from a "hold" rating to a "strong sell" rating in a research note issued to investors on Tuesday,Zacks.com reports.

Separately, Sanford C. Bernstein upgraded Veolia Environnement to a "strong-buy" rating in a research note on Tuesday, March 18th.

Veolia Environnement Price Performance

OTCMKTS VEOEY traded up $0.56 during trading on Tuesday, reaching $17.22. The company's stock had a trading volume of 132,005 shares, compared to its average volume of 197,023. The business's fifty day moving average price is $15.90 and its 200-day moving average price is $15.26. Veolia Environnement has a twelve month low of $13.44 and a twelve month high of $18.15. The company has a current ratio of 0.89, a quick ratio of 0.84 and a debt-to-equity ratio of 1.34.

Veolia Environnement Company Profile

Veolia Environnement SA designs and provides water, waste, and energy management solutions worldwide. It operates through France and Special Waste Europe; Europe excluding France; Rest of the World; Water Technologies; and Other segments. The company is involved in resource management; customer relationship management; drinking water treatment and distribution; wastewater treatment; design and construction of treatment and network infrastructure; and sale of water treatment equipment, technologies, and facilities.