Vinci (OTCMKTS:VCISY) Stock Crosses Below Fifty Day Moving Average – Here’s What Happened

Vinci SA (OTCMKTS:VCISY) passed below its fifty day moving average during trading on Friday . The stock has a fifty 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 changing hands.

Vinci Price Performance

The company’s 50-day moving average price is $29.61 and its 200-day moving average price is $29.30.

Vinci Cuts Dividend

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

About Vinci

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.