Aeroports de Paris (OTCMKTS:AEOXF) Trading Up 8.6% – Here’s Why

Aeroports de Paris SA (OTCMKTS:AEOXF)’s share price traded up 8.6% on Thursday . The company traded as high as $132.08 and last traded at $132.08. Approximately 2 shares changed hands during trading, a decline of 99% from the average daily volume of 135 shares. The stock had previously closed at $121.6430.

Wall Street Analysts Forecast Growth

Separately, Barclays restated an “overweight” rating on shares of Aeroports de Paris in a research report on Tuesday, February 24th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Aeroports de Paris has a consensus rating of “Hold”.

Aeroports de Paris Trading Up 8.6%

The firm’s 50-day moving average price is $127.34 and its 200 day moving average price is $130.37.

Aeroports de Paris Company Profile

Aéroports de Paris, operating under the Groupe ADP umbrella, is the principal airport operator for the Paris metropolitan area, overseeing Charles de Gaulle, Orly and Le Bourget airports. The company is responsible for airport management, passenger services, air traffic coordination, security operations and infrastructure development across its Paris hub. In addition to serving as a gateway to France, Aéroports de Paris handles cargo operations, maintenance support and ground handling services for a broad range of commercial, charter and cargo airlines.

Beyond its core aeronautical activities, Aéroports de Paris has developed substantial non-aeronautical revenues through retail concessions, food and beverage outlets, duty-free shopping, parking facilities and property leasing.