Alsea (OTCMKTS:ALSSF) Shares Up 3.1% – Still a Buy?

Alsea, S.A.B. de C.V. (OTCMKTS:ALSSFGet Free Report)’s stock price was up 3.1% during mid-day trading on Wednesday . The stock traded as high as $2.63 and last traded at $2.63. Approximately 319,000 shares changed hands during mid-day trading, an increase of 1,949% from the average session volume of 15,565 shares. The stock had previously closed at $2.55.

Alsea Price Performance

The stock has a 50 day moving average of $2.83 and a 200 day moving average of $3.03.

Alsea Company Profile

(Get Free Report)

Alsea SAB. de C.V., trading over the counter as ALSSF, is a leading operator of quick-service, casual-dining and café concepts across Latin America and Europe. Headquartered in Mexico City, the company holds master franchise and license rights for internationally known brands, overseeing day-to-day operations, supply-chain logistics and marketing for each restaurant concept.

The company’s portfolio includes quick-service staples such as Domino’s Pizza, Burger King and Starbucks, along with casual-dining and coffee shop formats like Vips, El Globo and Pe.Tra bakery cafés.

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