Acciona (OTCMKTS:ACXIF) Trading Down 5.7% – Should You Sell?

Acciona, S.A. (OTCMKTS:ACXIF) fell 5.7% during trading on Monday . The stock traded as low as $210.4735 and last traded at $210.4735. 49 shares traded hands during trading, a decline of 69% from the average session volume of 158 shares. The stock had previously closed at $223.28.

Analyst Ratings Changes

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

Acciona Stock Performance

The firm’s 50 day moving average price is $213.20 and its 200-day moving average price is $208.59.

About Acciona

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.