Accor (OTCMKTS:ACCYY) Shares Down 2.1% – What’s Next?

Shares of Accor SA – Sponsored ADR (OTCMKTS:ACCYY) traded down 2.1% during mid-day trading on Tuesday . The company traded as low as $10.3535 and last traded at $10.42. 47,884 shares were traded during mid-day trading, an increase of 46% from the average session volume of 32,794 shares. The stock had previously closed at $10.64.

Analyst Upgrades and Downgrades

Several brokerages have commented on ACCYY. Citigroup reiterated a “buy” rating on shares of Accor in a research report on Wednesday, October 29th. Zacks Research raised Accor from a “strong sell” rating to a “hold” rating in a research note on Monday, September 8th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Accor in a report on Monday, October 27th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Accor currently has a consensus rating of “Moderate Buy”.

Accor Trading Down 2.1%

The company has a current ratio of 1.12, a quick ratio of 1.11 and a debt-to-equity ratio of 0.78. The business’s 50-day moving average price is $9.94 and its two-hundred day moving average price is $10.34.

Accor Company Profile

Accor SA operates a chain of hotels worldwide. It operates through three segments: Management & Franchise; Services to Owners; and Hotel Assets & Others. The company owns, operates, manages, and franchises hotels. It also provides digital services to independent hotel operators through D-edge platform; Gekko solutions for leisure and travel industry and large companies; and concierge and customized services through John Paul, as well as hotel booking services; and other services in events, fine dining, and entertainment through Paris Society and Potel & Chabot platforms.