Amundi (OTCMKTS:AMDUF) Trading Up 37.2% – Here’s Why

Amundi S.A. (OTCMKTS:AMDUF) shares rose 37.2% on Thursday . The stock traded as high as $111.1440 and last traded at $111.1440. 251 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 600 shares. The stock had previously closed at $81.01.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Citigroup reissued a “neutral” rating on shares of Amundi in a report on Monday, July 6th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Amundi in a research note on Thursday, April 9th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Amundi in a research report on Thursday, July 16th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Amundi Stock Up 37.2%

The company’s fifty day moving average price is $84.26 and its two-hundred day moving average price is $83.90.

Amundi Company Profile

Amundi is a leading global asset manager headquartered in Paris, France. Established in 2010 through the merger of Crédit Agricole Asset Management and Société Générale Asset Management, the firm has grown to become one of Europe’s largest investment management companies. Amundi offers a wide range of investment solutions tailored to institutional clients, private investors, distributors and corporate entities worldwide.

The company’s product lineup spans equities, fixed income, multi-asset strategies, real and alternative assets, exchange-traded funds (ETFs) and structured products.