Accor SA – Sponsored ADR (OTCMKTS:ACCYY – Get Free Report) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 14,683 shares, a drop of 73.0% from the July 15th total of 54,450 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 49,164 shares, the short-interest ratio is presently 0.3 days.
Accor Trading Down 0.2%
Shares of ACCYY stock opened at $10.70 on Thursday. Accor has a 12-month low of $8.71 and a 12-month high of $12.05. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.05 and a quick ratio of 1.04. The firm has a fifty day moving average of $10.97 and a 200-day moving average of $10.64.
Analysts Set New Price Targets
A number of analysts have commented on ACCYY shares. Citigroup reaffirmed a “buy” rating on shares of Accor in a report on Monday, August 3rd. Jefferies Financial Group lowered Accor from an “underperform” rating to a “hold” rating in a research report on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.
Accor Company Profile
Accor is a leading global hospitality group headquartered in Issy-les-Moulineaux, France, with operations spanning more than 100 countries across Europe, the Americas, Asia-Pacific, the Middle East and Africa. Founded in 1967 by Paul Dubrule and Gérard Pélisson, the company has grown from a single motel in Lille into one of the world’s largest hotel operators and owners, offering accommodation and hospitality services to both leisure and business travelers.
The company’s extensive brand portfolio covers a wide spectrum of market segments, ranging from luxury and premium offerings to midscale and economy hotels.
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