Accor (OTCMKTS:ACCYY) Trading Down 2.1% – Time to Sell?

Accor SA – Sponsored ADR (OTCMKTS:ACCYY) shares traded down 2.1% during trading on Tuesday . The stock traded as low as $10.3535 and last traded at $10.42. 47,884 shares were traded during mid-day trading, an increase of 46% from the average session volume of 32,794 shares. The stock had previously closed at $10.64.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on ACCYY shares. Morgan Stanley reaffirmed an “overweight” rating on shares of Accor in a report on Monday, October 27th. Citigroup restated a “buy” rating on shares of Accor in a report on Wednesday, October 29th. Finally, Zacks Research raised Accor from a “strong sell” rating to a “hold” rating in a report on Monday, September 8th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Accor currently has a consensus rating of “Moderate Buy”.

Accor Stock Down 2.1%

The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.11 and a current ratio of 1.12. The business has a 50-day moving average price of $9.94 and a two-hundred day moving average price of $10.34.

Accor Company Profile

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.