Accor (OTCMKTS:ACCYY) Shares Down 4.3% – What’s Next?

Accor SA – Sponsored ADR (OTCMKTS:ACCYY)’s share price fell 4.3% during trading on Friday . The company traded as low as $11.45 and last traded at $11.47. 8,731 shares were traded during mid-day trading, a decline of 81% from the average session volume of 44,776 shares. The stock had previously closed at $11.98.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on ACCYY shares. Morgan Stanley reiterated an “overweight” rating on shares of Accor in a report on Monday, October 27th. Citigroup reaffirmed a “buy” rating on shares of Accor in a report on Wednesday, October 29th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Accor has an average rating of “Moderate Buy”.

Accor Stock Up 0.1%

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 company’s fifty day simple moving average is $11.25 and its two-hundred day simple moving average is $10.54.

Accor Company Profile

Accor is a leading global hospitality group headquartered in Issy-les-Moulineaux, France, with operations spanning more than 100 countries across Europe, the Americas, Asia-Pacific, the Middle East and Africa. Founded in 1967 by Paul Dubrule and Gérard Pélisson, the company has grown from a single motel in Lille into one of the world’s largest hotel operators and owners, offering accommodation and hospitality services to both leisure and business travelers.

The company’s extensive brand portfolio covers a wide spectrum of market segments, ranging from luxury and premium offerings to midscale and economy hotels.