Posted by admin on Jul 5th, 2022

Vicat S.A. (OTCMKTS:SDCVF – Get Rating) shares traded down 5.2% during trading on Monday . The stock traded as low as $26.03 and last traded at $26.50. 200 shares traded hands during mid-day trading, a decline of 24% from the average session volume of 262 shares. The stock had previously closed at $27.95.

Several analysts have commented on the company. Citigroup lowered their price target on Vicat to €43.00 ($44.79) and set a “buy” rating for the company in a report on Monday, May 9th. HSBC cut Vicat from a “buy” rating to a “hold” rating in a report on Monday, March 28th. Barclays lowered their price target on Vicat from €40.00 ($41.67) to €35.00 ($36.46) in a report on Wednesday, May 18th. Finally, Berenberg Bank lowered their price target on Vicat from €40.00 ($41.67) to €32.00 ($33.33) in a report on Monday, June 13th.

The firm has a 50 day moving average price of $32.90 and a two-hundred day moving average price of $36.64.

Vicat SA produces and sells cement, ready-mixed concrete, and aggregates. The company operates in three segments: Cement, Concrete & Aggregates, and Other Products & Services. It offers various cement products, including Portland cement, Portland composite cement, blast furnace cement, slag cement, and Pozzolan cement for the general contractors, such as concrete mixers; manufacturers of precast concrete products; construction and public works contractors; local authorities; residential property developers or master masons; and construction material wholesalers or retail chains.

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