Acciona (OTCMKTS:ACXIF) Stock Price Down 1.1% – Here’s Why

Acciona, S.A. (OTCMKTS:ACXIF) shares traded down 1.1% during trading on Wednesday . The company traded as low as $206.95 and last traded at $206.95. 276 shares were traded during trading, an increase of 18% from the average session volume of 234 shares. The stock had previously closed at $209.20.

Wall Street Analysts Forecast Growth

ACXIF has been the topic of a number of recent analyst reports. Citigroup cut shares of Acciona from a “neutral” rating to a “sell” rating in a research note on Tuesday, September 16th. BNP Paribas downgraded shares of Acciona to an “underperform” rating in a research report on Monday, November 24th. Finally, Santander lowered shares of Acciona to a “neutral” rating in a research note on Wednesday, November 5th. One analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Sell”.

Acciona Trading Down 1.1%

The business has a fifty day moving average of $213.35 and a 200-day moving average of $197.43.

About Acciona

Acciona, SA, together with its subsidiaries, engages in the energy, infrastructure, and other businesses in Spain and internationally. The company develops, constructs, operates, and maintains wind, solar photovoltaic, solar thermal, hydro, and biomass plants. It also engages in designing, construction, maintenance, and management of infrastructure projects, including bridges, highways, motorways, roads, tunnels, railway, and metros and trams, as well as ports and water channels, airports, freight forwarding, data centers, substations, and transmission lines.