Vicat S.A. (OTCMKTS:SDCVF) Sees Large Decline in Short Interest

Vicat S.A. (OTCMKTS:SDCVF) saw a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 378 shares, a decline of 15.1% from the February 26th total of 445 shares. Based on an average daily trading volume, of 40 shares, the days-to-cover ratio is presently 9.5 days.

Vicat Stock Performance

Vicat stock opened at $83.00 on Tuesday. The stock’s 50 day moving average price is $85.28 and its 200 day moving average price is $79.04. Vicat has a 1-year low of $70.00 and a 1-year high of $88.71.

Wall Street Analysts Forecast Growth

SDCVF has been the subject of a number of analyst reports. Citigroup restated a “neutral” rating on shares of Vicat in a research report on Monday, January 12th. Oddo Bhf upgraded shares of Vicat to an “outperform” rating in a research note on Wednesday, January 14th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

About Vicat

Vicat is a France-based building materials group specializing in the manufacture and distribution of cement, ready-mix concrete, aggregates and specialized construction products. The company’s operations span the full value chain of hydraulic binders, from quarrying and raw-material processing to large-scale production facilities and on-site deliveries. In addition to standard cement and concrete offerings, Vicat provides tailored solutions for infrastructure, housing, industrial projects and environmental works, including mortars, gypsum-based products and admixtures.

Founded in 1853 by Joseph Vicat—son of renowned engineer Louis Vicat—the company pioneered early developments in hydraulic binders and has remained under family influence for much of its history.