Shares of Alsea, S.A.B. de C.V. (OTCMKTS:ALSSF – Get Free Report) rose 4.3% on Thursday. The company traded as high as $2.64 and last traded at $2.64. Approximately 240 shares traded hands during trading, a decline of 98% from the average session volume of 11,789 shares. The stock had previously closed at $2.53.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the stock. The Goldman Sachs Group upgraded shares of Alsea to a “neutral” rating in a research note on Friday, September 25th. UBS Group downgraded shares of Alsea to a “neutral” rating in a research note on Wednesday, August 19th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Alsea presently has a consensus rating of “Hold”.
Check Out Our Latest Report on Alsea
Alsea Stock Up 4.3%
Alsea Company Profile
Alsea, SAB. de C.V. is a Mexico-based operator of quick-service, casual-dining and coffee restaurants. The company develops and manages restaurant locations under a portfolio of owned, licensed and franchised brands, providing food, beverages, delivery and related customer services.
Its brand portfolio has included Starbucks, Domino’s Pizza, Burger King, Chili’s, P.F. Chang’s, Italianni’s, Vips, The Cheesecake Factory, Foster’s Hollywood and Ginos, although brand availability varies by country and operating agreement.
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