Acco Brands Corporation (NYSE:ACCO) currently has a daily average trading volume of 582.86K but it saw 1142388 shares traded in last market. With a market cap of 563.79M USD, the company’s current market price of $6.07 came rising about 0.17 while comparing to the previous closing price of $6.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.62 and as low as $4.36. In the recent trading on the day, stock has struck highest price mark of $5.9229 while lowest mark touched by it was $6.08.
Taking a look at 20-day trading activity of Acco Brands Corporation (ACCO) gives us an average price of $5.22, while its current price level is -8.31% below from 52-week high level whereas it is 39.06% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.27 while that of 200 days or SMA-200 reads an average of $5.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.23% during that period while stretching the period over a month that decreases to 3.16%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 74.22 which implies that the stock is in overbought territory.
KeyBanc Capital Markets upgraded its recommendation for the stock as a “Overweight” from “Sector Weight” on November 12, 2020 while assigning a price target of $12. Barrington Research issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $13 and $11.
Over the week, ACCO’s stock price is moving 23.88% up while it is 15.40% when we observe its performance for the past one month. Year-to-date it is -0.16% down and over the past year, the stock is showing an upside performance of 26.46%.
Currently, Acco Brands Corporation’s total number of outstanding shares is 94.93M. Company’s return on investment (ROI) stands at -11.82% and return on equity (ROE) at -24.99%. It has a 5.37 of forward P/E ratio. Stock’s beta reads 1.65. Stock has a price to book (P/B) ratio of 0.97 while price to sale or P/S ratio amounts to 0.33. Its return on asset (ROA) is -7.20% on average.
