ACS, Actividades de Construcción y Servicios (OTCMKTS:ACSAY) Shares Up 1.8% – Here’s Why

ACS, Actividades de Construcción y Servicios, S.A. (OTCMKTS:ACSAY) shot up 1.8% during trading on Wednesday . The company traded as high as $23.7350 and last traded at $23.71. 12,252 shares traded hands during mid-day trading, a decline of 54% from the average session volume of 26,418 shares. The stock had previously closed at $23.29.

ACS, Actividades de Construcción y Servicios Stock Performance

The stock’s fifty day simple moving average is $21.39 and its 200-day simple moving average is $17.98.

ACS, Actividades de Construcción y Servicios Company Profile

Actividades de Construcción y Servicios, SA (ACS) is a Spanish multinational infrastructure and services company headquartered in Madrid. Founded in 1997 through the consolidation of several domestic construction firms, ACS has grown into one of the world’s leading providers of civil engineering and building solutions. The company’s roots, however, extend back several decades through its predecessor firms, which built roads, bridges and public works across Spain.

ACS operates through four main business lines: construction, concessions, industrial services and environmental services.