Bureau Veritas Registre International De Classification (OTCMKTS:BVRDF) Sees Unusually-High Trading Volume – Should You Buy?

Bureau Veritas Registre International De Classification (OTCMKTS:BVRDF) saw an uptick in trading volume on Tuesday . 2,886 shares were traded during mid-day trading, an increase of 315% from the previous session’s volume of 696 shares.The stock last traded at $32.2254 and had previously closed at $33.14.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Royal Bank Of Canada downgraded Bureau Veritas Registre International De Classification from a “sector perform” rating to an “underperform” rating in a research report on Monday, December 1st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Bureau Veritas Registre International De Classification in a report on Monday, December 1st. Finally, Citigroup reissued a “neutral” rating on shares of Bureau Veritas Registre International De Classification in a research report on Tuesday, October 28th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Bureau Veritas Registre International De Classification Price Performance

The company has a 50 day moving average price of $31.59 and a 200 day moving average price of $31.79.

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.