Accor (OTCMKTS:ACCYY) Trading Up 0.9% – What’s Next?

Shares of Accor SA – Sponsored ADR (OTCMKTS:ACCYY) were up 0.9% during trading on Monday . The stock traded as high as $9.80 and last traded at $9.66. Approximately 59,304 shares were traded during mid-day trading, an increase of 9% from the average daily volume of 54,506 shares. The stock had previously closed at $9.57.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Accor to a “strong sell” rating in a research report on Friday, August 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Accor has an average rating of “Sell”.

Accor Stock Performance

The firm’s 50-day moving average price is $10.63 and its 200-day moving average price is $10.15. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.05 and a quick ratio of 1.04.

About Accor

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.