Acciona (ACXIF) to Post Earnings on Thursday

Acciona (OTCMKTS:ACXIF) will likely be issuing its resultson Thursday, July 30th. Analysts expect the company to post earnings of $1.88 per share and revenue of $10.9638 billion for the quarter.

Acciona Stock Down 3.2%

Shares of ACXIF opened at $280.55 on Wednesday. The stock has a 50-day moving average of $298.07 and a two-hundred day moving average of $271.53. Acciona has a one year low of $189.25 and a one year high of $331.00.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on ACXIF shares. Citigroup restated a “sell” rating on shares of Acciona in a research note on Friday, June 5th. Royal Bank Of Canada restated an “underperform” rating on shares of Acciona in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Strong Sell”.

Acciona Company Profile

Acciona, SA (OTCMKTS:ACXIF) is a global leader in sustainable infrastructure, renewable energy and water management solutions. The company develops, constructs and operates wind, solar photovoltaic, solar thermal, hydropower and biomass power plants, alongside engineering, procurement and construction services for major infrastructure projects. Acciona’s offerings also include operation and maintenance services, facility management and integrated water solutions such as desalination, wastewater treatment and industrial water services.

Tracing its roots to Spanish engineering firms established in the 19th century, Acciona consolidated its current structure in 1997 through the merger of Entrecanales y Távora and Cubiertas y Tejados.