Aeroports de Paris (OTCMKTS:AEOXF) Trading Down 2.6% – Time to Sell?

Aeroports de Paris SA (OTCMKTS:AEOXF) was down 2.6% during trading on Thursday . The company traded as low as $139.7250 and last traded at $139.7250. Approximately 9 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 111 shares. The stock had previously closed at $143.4275.

Analyst Ratings Changes

AEOXF has been the subject of a number of recent research reports. Morgan Stanley reissued an “overweight” rating on shares of Aeroports de Paris in a research report on Wednesday, December 10th. Barclays reissued an “overweight” rating on shares of Aeroports de Paris in a report on Tuesday. Oddo Bhf lowered shares of Aeroports de Paris to an “underperform” rating in a research report on Thursday, December 18th. Finally, Sanford C. Bernstein downgraded shares of Aeroports de Paris from a “market perform” rating to an “underperform” rating in a research report on Monday, December 15th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Aeroports de Paris Stock Performance

The firm’s 50-day simple moving average is $130.41 and its 200 day simple moving average is $135.82.

About Aeroports de Paris

Aéroports de Paris, operating under the Groupe ADP umbrella, is the principal airport operator for the Paris metropolitan area, overseeing Charles de Gaulle, Orly and Le Bourget airports. The company is responsible for airport management, passenger services, air traffic coordination, security operations and infrastructure development across its Paris hub. In addition to serving as a gateway to France, Aéroports de Paris handles cargo operations, maintenance support and ground handling services for a broad range of commercial, charter and cargo airlines.

Beyond its core aeronautical activities, Aéroports de Paris has developed substantial non-aeronautical revenues through retail concessions, food and beverage outlets, duty-free shopping, parking facilities and property leasing.