Accor (OTCMKTS:ACRFF) Share Price Passes Above 50-Day Moving Average – Here’s Why

Accor SA (OTCMKTS:ACRFFGet Free Report) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $47.55 and traded as high as $50.80. Accor shares last traded at $50.80, with a volume of 285 shares.

Accor Trading Up 5.9 %

The company’s fifty day simple moving average is $47.55 and its 200 day simple moving average is $44.06.

About Accor

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Accor SA operates a chain of hotels worldwide. It operates through three segments: Management & Franchise; Services to Owners; and Hotel Assets & Others. The company owns, operates, manages, and franchises hotels. It also provides digital services to independent hotel operators through D-edge platform; Gekko solutions for leisure and 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.

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