ACS, Actividades de Construcción y Servicios (OTCMKTS:ACSAY) Shares Down 1.9% – Here’s What Happened

ACS, Actividades de Construcción y Servicios, S.A. (OTCMKTS:ACSAY)’s share price was down 1.9% during mid-day trading on Friday . The stock traded as low as $23.42 and last traded at $23.55. Approximately 38,272 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 45,860 shares. The stock had previously closed at $24.01.

ACS, Actividades de Construcción y Servicios Stock Performance

The stock has a 50-day simple moving average of $24.08 and a 200 day simple moving average of $20.14.

About ACS, Actividades de Construcción y Servicios

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.