Acco Brands Corporation (NYSE:ACCO) currently has a daily average trading volume of 951.85K but it saw 932502 shares traded in last market. With a market cap of 347.78M USD, the company’s current market price of $3.86 came falling about -1.53 while comparing to the previous closing price of $3.92. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.43 and as low as $3.41.
Taking a look at 20-day trading activity of Acco Brands Corporation (ACCO) gives us an average price of $3.75, while its current price level is -40.02% below from 52-week high level whereas it is 13.20% 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 $4.06 while that of 200 days or SMA-200 reads an average of $5.00. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.04% during that period while stretching the period over a month that increases to 3.98%. 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 50.54 which implies that the stock is in neutral 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 8.73% up while it is 3.76% when we observe its performance for the past one month. Year-to-date it is -26.48% down and over the past year, the stock is showing a downside performance of -24.90%.
Currently, Acco Brands Corporation’s total number of outstanding shares is 90.10M with 3.79% of that held by the insiders while 85.98% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -6.90% and return on equity (ROE) at -15.90%. It has a 3.47 of forward P/E ratio. Stock’s beta reads 1.36. Stock has a price to book (P/B) ratio of 0.57 while price to sale or P/S ratio amounts to 0.21. Its return on asset (ROA) is -4.51% on average.
