Accor (EPA:AC) Shares Pass Above 200-Day Moving Average – Here’s Why

Accor SA (EPA:ACGet Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of €40.11 ($41.35) and traded as high as €47.33 ($48.79). Accor shares last traded at €47.13 ($48.59), with a volume of 344,545 shares traded.

Accor Stock Performance

The business has a 50-day moving average price of €44.28 and a two-hundred day moving average price of €40.11.

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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