Vivendi (OTCMKTS:VIVHY) Sees Large Volume Increase – Time to Buy?

Shares of Vivendi SA (OTCMKTS:VIVHY) saw unusually-high trading volume on Monday . Approximately 271,154 shares traded hands during mid-day trading, an increase of 189% from the previous session’s volume of 93,733 shares.The stock last traded at $2.7065 and had previously closed at $2.7320.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets restated a “hold” rating on shares of Vivendi in a research note on Monday, December 1st. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Vivendi Price Performance

The stock’s 50-day moving average is $3.06 and its 200-day moving average is $3.35.

Vivendi Company Profile

Vivendi is a French multinational conglomerate headquartered in Paris, primarily active in the media, entertainment and communications sectors. The company’s diversified portfolio encompasses music, television, film, video games and advertising, reflecting its evolution from a water utility to a global content powerhouse. Vivendi operates through major subsidiaries and associated businesses, positioning itself as a key player in the creation, distribution and promotion of creative content around the world.

In the music industry, Vivendi holds a significant stake in Universal Music Group, one of the world’s leading music enterprises.