Alsea (OTCMKTS:ALSSF) Trading 5.8% Higher – Time to Buy?

Alsea, S.A.B. de C.V. (OTCMKTS:ALSSF)’s share price shot up 5.8% on Thursday . The company traded as high as $2.8025 and last traded at $2.8025. 730 shares were traded during trading, a decline of 91% from the average session volume of 8,456 shares. The stock had previously closed at $2.65.

Analyst Ratings Changes

Separately, Barclays upgraded Alsea to an “overweight” rating in a research note on Tuesday, December 2nd. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Alsea Trading Up 5.8%

The firm’s fifty day simple moving average is $2.69 and its 200 day simple moving average is $2.81.

Alsea Company Profile

Alsea, SAB. de C.V. operates restaurants in Latin America and Europe. It operates fast food, coffee shops, casual food, and family restaurants under the Domino's Pizza, Starbucks, Burger King, Chili's, PF Chang's, Italianni's, The Cheesecake Factory, Vips, The gate, Foster's Hollywood, Archies, Ginos, T.G.I.