The Goldman Sachs Group Lowers ACS, Actividades de Construcción y Servicios (OTCMKTS:ACSAY) to Neutral

ACS, Actividades de Construcción y Servicios (OTCMKTS:ACSAYGet Rating) was downgraded by investment analysts at The Goldman Sachs Group from a “buy” rating to a “neutral” rating in a research note issued on Tuesday, The Fly reports.

OTCMKTS:ACSAY traded up $0.09 during trading hours on Tuesday, hitting $5.43. 6,749 shares of the stock were exchanged, compared to its average volume of 31,561. The company’s 50 day moving average is $5.24 and its two-hundred day moving average is $5.12. ACS, Actividades de Construcción y Servicios has a twelve month low of $4.38 and a twelve month high of $6.01.

About ACS, Actividades de Construcción y Servicios (Get Rating)

ACS, Actividades de Construcción y Servicios, SA provides construction and related services in Spain and internationally. The company undertakes construction activities related to development of highways, railways, maritime, airport works, hydraulic infrastructures, coasts, ports, civil engineering, educational and sports facilities, residential, and social infrastructures and facilities; undertakes contracts for the provision of mining services and infrastructure required for mining activities; and offers maintenance services for buildings, public places, and organizations.

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