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Queens Surface

Veolia Environnement Shares Down 63.9% Since Smartrend's Sell Call (VE)

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More Veolia shens after LI signed the contract....LI is really in for it!!


Dec 13, 2011 (SmarTrend® Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Veolia Environnement (NYSE:VE) on May 18th, 2011 at $29.50. In approximately 7 months, Veolia Environnement has returned 63.90% as of today's recent price of $10.65.


Veolia Environnement share prices have moved between a 52-week high of $33.86 and the current low of $10.60 and are currently at $10.65 per share. The 200-day and 50-day moving averages have moved 1.39% lower and 1.57% lower over the past week, respectively.


Veolia Environnement operates utility and public transportation businesses. The Company supplies drinking water, provides waste management services, manages and maintains heating and air conditioning systems, and operates rail and road passenger transportation systems.


SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Veolia Environnement.


Log in and add Veolia Environnement (VE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.


Source: Stock Market Research - Zacks Investment Research

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