Alsea, S.A.B. de C.V. (OTCMKTS:ALSSF) shares rose 1% during trading on Wednesday . The company traded as high as $1.56 and last traded at $1.55. Approximately 22,898 shares changed hands during mid-day trading, a decline of 38% from the average daily volume of 37,083 shares. The stock had previously closed at $1.54.
Separately, Barclays raised Alsea from an “equal weight” rating to an “overweight” rating in a report on Tuesday, January 19th.
The company has a fifty day moving average price of $1.37 and a two-hundred day moving average price of $1.22.
About Alsea (OTCMKTS:ALSSF)
Alsea, SAB. de C.V., together with its subsidiaries, operates quick service, coffee shop, casual dining, and family dining restaurants. Its brand portfolio includes Domino's Pizza, Starbucks, Burger King, Chili's Grill & Bar, California Pizza Kitchen, P.F. Chang's, Italianni's, The Cheese Cake Factory, Vips, La Finca, El PortÃ³n, Archies, P.F, Chang's, Foster's Hollywood, CaÃ±as and Tapas, Il Tempietto, La Vaca Argentina, VIPS, VIPS Smart, GINOS, Fridays, and Wagamama brands.
Recommended Story: How does a reverse stock split work?
Receive News & Ratings for Alsea Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alsea and related companies with MarketBeat.com's FREE daily email newsletter.