Acciona (OTCMKTS:ACXIF – Get Free Report) is expected to be releasing its resultson Thursday, July 30th. Analysts expect the company to post earnings of $1.88 per share and revenue of $2.0097 billion for the quarter.
Acciona Trading Down 0.4%
Acciona stock opened at $292.89 on Thursday. The firm’s 50 day moving average price is $299.52 and its two-hundred day moving average price is $269.96. Acciona has a twelve month low of $189.25 and a twelve month high of $331.00.
Analyst Upgrades and Downgrades
Several research firms have recently commented on ACXIF. Royal Bank Of Canada restated an “underperform” rating on shares of Acciona in a report on Monday, May 18th. Citigroup reiterated a “sell” rating on shares of Acciona in a report on Friday, June 5th. One investment analyst has rated the stock with a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Strong Sell”.
Acciona Company Profile
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.
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