Accor (OTCMKTS:ACCYY) Shares Down 4.3% – Time to Sell?

Accor SA – Sponsored ADR (OTCMKTS:ACCYY) shares traded down 4.3% during mid-day trading on Friday . The company traded as low as $11.45 and last traded at $11.47. 8,731 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 44,776 shares. The stock had previously closed at $11.98.

Analysts Set New Price Targets

ACCYY has been the topic of a number of research analyst reports. Morgan Stanley reissued an “overweight” rating on shares of Accor in a report on Monday, October 27th. Citigroup reaffirmed a “buy” rating on shares of Accor in a research note on Wednesday, October 29th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Accor Price Performance

The company has a debt-to-equity ratio of 0.78, a current ratio of 1.12 and a quick ratio of 1.11. The stock’s 50-day moving average price is $11.25 and its 200-day moving average price is $10.53.

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.