Accor S.A.·Consumer Cyclical

Accor SA (OTCMKTS:ACRFF - Get Free Report)'s stock price passed below its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $55.87 and traded as low as $53.55. Accor shares last traded at $53.55, with a volume of 2,948 shares changing hands. Accor Trading Down 5.8%

Accor SA (OTCMKTS:ACRFF - Get Free Report) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 856,599 shares, an increase of 43.4% from the December 31st total of 597,483 shares. Based on an average daily volume of 837 shares, the short-interest ratio is currently 1,023.4 days.
Accor SA operates a chain of hotels. It operates through two segments, HotelServices, and Hotel Assets & Other. The company owns, operates, manages, and franchises hotels. It also provides digital services to independent hotel operators through D-edge platform; ResDiary, a flat-rate online table reservation system that is designed for restaurant owners; Gekko solutions, including digital hotel distribution and loyalty platforms for the travel industry and large companies; and concierge and customized services through John Paul, as well as hotel booking services; and other services in events, fine dining, and entertainment through Paris Society and Potel & Chabot platforms. In addition, the company offers distribution activities, such as private sales of hotel accommodation and luxury vacations through VeryChic platform; rental of private residences operated by onefinestay; and coworking spaces through Wojo and Mama Works. Further, it provides hotel management, procurement, cash management, IT, and advertising services, as well as various advisory services. As of December 31, 2021, the company operated 5,298 hotels with 777,714 rooms in 110 countries worldwide. The company was founded in 1967 and is headquartered in Issy-les-Moulineaux, France.
Consumer Cyclical
Travel Lodging
19,423
2010-06-09
0.87