Acciona (OTCMKTS:ACXIF) Trading 1.4% Higher – Here’s What Happened

Acciona, S.A. (OTCMKTS:ACXIF) traded up 1.4% during trading on Tuesday . The company traded as high as $237.40 and last traded at $237.24. 4,985 shares changed hands during mid-day trading, an increase of 790% from the average session volume of 560 shares. The stock had previously closed at $233.94.

Analyst Ratings Changes

Several equities research analysts have issued reports on ACXIF shares. Santander lowered shares of Acciona to a “neutral” rating in a report on Wednesday, November 5th. Royal Bank Of Canada reiterated an “underperform” rating on shares of Acciona in a research report on Tuesday, January 20th. Finally, BNP Paribas Exane lowered shares of Acciona to an “underperform” rating in a research report on Monday, November 24th. One research analyst has rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Strong Sell”.

Acciona Stock Up 1.4%

The business’s 50 day moving average price is $220.12 and its 200-day moving average price is $211.62.

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.