ACCOR S A/S (OTCMKTS:ACCYY) Shares Down 1%
ACCOR S A/S (OTCMKTS:ACCYY) shares were down 1% during mid-day trading on Tuesday . The stock traded as low as $8.88 and last traded at $8.92, approximately 33,377 shares traded hands during mid-day trading. A decline of 64% from the average daily volume of 93,175 shares. The stock had previously closed at $9.01.
A number of research firms have recently weighed in on ACCYY. Citigroup downgraded ACCOR S A/S from a “buy” rating to a “neutral” rating in a research report on Monday, November 11th. Deutsche Bank began coverage on ACCOR S A/S in a research report on Friday, October 11th. They set a “buy” rating for the company. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Buy”.
The business has a 50-day moving average price of $9.03 and a two-hundred day moving average price of $8.69.
Accor SA operates a chain of hotels worldwide. It operates through three segments: HotelServices, Hotel Assets & Others, and New Businesses. The company owns, operates, manages, and franchises hotels. It also provides digital solutions to independent hotel operators and restaurant owners through Fastbooking, Availpro, ResDiary, and Adoria platforms; and hotel booking services for travels agencies and corporates through Gekko solutions.
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