Accor (OTCMKTS:ACRFF) Shares Down 3.5%

Shares of Accor SA (OTCMKTS:ACRFF) dropped 3.5% during mid-day trading on Wednesday . The company traded as low as $41.16 and last traded at $41.16, approximately 604 shares traded hands during mid-day trading. A decline of 80% from the average daily volume of 3,081 shares. The stock had previously closed at $42.65.

The business’s 50 day simple moving average is $42.27 and its 200-day simple moving average is $41.74.

About Accor (OTCMKTS:ACRFF)

Accor SA operates a chain of hotels worldwide. It operates through three segments: HotelServices, Hotel Assets & Others, and New Businesses. The company owns, operates, manages, and franchises hotels. It also provides digital solutions to independent hotel operators and restaurant owners through Fastbooking, Availpro, ResDiary, and Adoria platforms; and hotel booking services for travels agencies and corporates through Gekko solutions.

Further Reading: What is operating income?

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