Acco Brands Corporation (ACCO) is gearing up for another turning point as it hit the volume of 0.62 million

On Tuesday, Acco Brands Corporation (NYSE: ACCO) opened higher 3.16% from the last session, before settling in for the closing price of $4.74. Price fluctuations for ACCO have ranged from $4.36 to $6.62 over the past 52 weeks.

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Industrials Sector giant saw their annual sales slid by -0.40% over the last five years. Company’s average yearly earnings per share was noted -4.89% at the time writing. With a float of $92.04 million, this company’s outstanding shares have now reached $94.93 million.

The firm has a total of 5600 workers. Let’s measure their productivity.

Acco Brands Corporation (ACCO) Insider Activity

A key investor’s attitude towards the stock of the Business Equipment & Supplies industry is another important factor to consider. The insider ownership of Acco Brands Corporation is 3.92%, while institutional ownership is 84.97%. The most recent insider transaction that took place on May 07 ’24, was worth 74,325. In this transaction SVP, Global Chief People Offic of this company sold 15,000 shares at a rate of $4.96, taking the stock ownership to the 18,621 shares. Before that another transaction happened on Aug 21 ’23, when Company’s SVP, Global Products & Ops sold 11,723 for $5.16, making the entire transaction worth $60,444. This insider now owns 129,094 shares in total.

Acco Brands Corporation (ACCO) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -4.89% per share during the next fiscal year.

Acco Brands Corporation (NYSE: ACCO) Trading Performance Indicators

Check out the current performance indicators for Acco Brands Corporation (ACCO). In the past quarter, the stock posted a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.27. Likewise, its price to free cash flow for the trailing twelve months is 2.96.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.83, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 1.23 in one year’s time.

Technical Analysis of Acco Brands Corporation (ACCO)

Analysing the last 5-days average volume posted by the [Acco Brands Corporation, ACCO], we can find that recorded value of 0.7 million was better than the volume posted last year of 0.65 million. As of the previous 9 days, the stock’s Stochastic %D was 49.92%. Additionally, its Average True Range was 0.17.

During the past 100 days, Acco Brands Corporation’s (ACCO) raw stochastic average was set at 37.91%, which indicates a significant decrease from 58.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.16% in the past 14 days, which was higher than the 29.61% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.80, while its 200-day Moving Average is $5.32. Now, the first resistance to watch is $4.95. This is followed by the second major resistance level at $5.01. The third major resistance level sits at $5.11. If the price goes on to break the first support level at $4.79, it is likely to go to the next support level at $4.69. Should the price break the second support level, the third support level stands at $4.63.

Acco Brands Corporation (NYSE: ACCO) Key Stats

There are currently 95,600K shares outstanding in the company with a market cap of 468.46 million. Presently, the company’s annual sales total 1,833 M according to its annual income of -21,800 K. Last quarter, the company’s sales amounted to 438,300 K and its income totaled -125,200 K.