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Vinci (OTCMKTS:VCISY) Share Price Crosses Below 50-Day Moving Average - Here's Why

Vinci logo with Construction background

Vinci SA (OTCMKTS:VCISY - Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $29.61 and traded as low as $27.06. Vinci shares last traded at $27.10, with a volume of 416,185 shares trading hands.

Vinci Stock Performance

The business's fifty day moving average price is $29.57 and its 200-day moving average price is $29.27.

Vinci Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be issued a dividend of $0.2897 per share. The ex-dividend date of this dividend is Tuesday, October 15th.

About Vinci

(Get Free Report)

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.

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