Bureau Veritas Registre International De Classification (OTCMKTS:BVRDF) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

Shares of Bureau Veritas Registre International De Classification (OTCMKTS:BVRDF) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $32.11 and traded as low as $31.05. Bureau Veritas Registre International De Classification shares last traded at $31.05, with a volume of 4,241 shares trading hands.

Wall Street Analyst Weigh In

Several research firms have commented on BVRDF. Royal Bank Of Canada lowered shares of Bureau Veritas Registre International De Classification from a “sector perform” rating to an “underperform” rating in a report on Monday, December 1st. Citigroup restated a “neutral” rating on shares of Bureau Veritas Registre International De Classification in a research note on Tuesday, October 28th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Bureau Veritas Registre International De Classification in a research report on Monday, December 1st. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce”.

Bureau Veritas Registre International De Classification Stock Performance

The firm’s 50-day moving average is $32.11 and its two-hundred day moving average is $32.33.

Bureau Veritas Registre International De Classification Company Profile

Bureau Veritas Registre International De Classification (OTCMKTS:BVRDF) is the over-the-counter ticker for Bureau Veritas SA, a global leader in testing, inspection and certification (TIC) services. Founded in 1828 and headquartered in Paris, France, the company evolved from a maritime classification society into a diversified provider of conformity assessment solutions. Today, Bureau Veritas operates through a network of laboratories, inspection sites and offices to help clients manage risk, ensure quality and comply with regulatory standards.

The company’s core activities span four primary service lines.