Acco Brands Corporation (NYSE: ACCO) on Friday, soared 7.35% from the previous trading day, before settling in for the closing price of $4.90. Within the past 52 weeks, ACCO’s price has moved between $4.36 and $6.62.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Industrials sector has dropped its sales by -0.40% annually for the last half of the decade. The company achieved an average annual earnings per share of -4.28%. With a float of $92.07 million, this company’s outstanding shares have now reached $94.93 million.
In an organization with 5600 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 32.13%, operating margin of 1.92%, and the pretax margin is -11.27%.
Acco Brands Corporation (ACCO) Insider and Institutional Ownership
Observing investor behavior towards Business Equipment & Supplies industry stocks is more important than anything else. The insider ownership of Acco Brands Corporation is 3.90%, while institutional ownership is 83.99%. The most recent insider transaction that took place on Aug 27 ’24, was worth 104,811. In this transaction Sr VP, General Counsel & Sec of this company sold 19,166 shares at a rate of $5.47, taking the stock ownership to the 243,899 shares. Before that another transaction happened on Aug 27 ’24, when Company’s Officer proposed sale 19,166 for $5.45, making the entire transaction worth $104,455.
Acco Brands Corporation (ACCO) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.39 earnings per share (EPS) for the period topping the consensus outlook (set at 0.33) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.28% per share during the next fiscal year.
Acco Brands Corporation (NYSE: ACCO) Trading Performance Indicators
Acco Brands Corporation (ACCO) is currently performing well based on its current performance indicators. A quick ratio of 0.94 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.32. Likewise, its price to free cash flow for the trailing twelve months is 3.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.89, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 1.20 in one year’s time.
Technical Analysis of Acco Brands Corporation (ACCO)
Let’s dig in a bit further. During the last 5-days, its volume was 0.79 million. That was better than the volume of 0.62 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 49.89%. Additionally, its Average True Range was 0.15.
During the past 100 days, Acco Brands Corporation’s (ACCO) raw stochastic average was set at 76.82%, which indicates a significant decrease from 88.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.87% in the past 14 days, which was higher than the 33.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.24, while its 200-day Moving Average is $5.24. However, in the short run, Acco Brands Corporation’s stock first resistance to watch stands at $5.37. Second resistance stands at $5.48. The third major resistance level sits at $5.66. If the price goes on to break the first support level at $5.08, it is likely to go to the next support level at $4.90. The third support level lies at $4.79 if the price breaches the second support level.
Acco Brands Corporation (NYSE: ACCO) Key Stats
Market capitalization of the company is 540.92 million based on 95,798K outstanding shares. Right now, sales total 1,833 M and income totals -21,800 K. The company made 438,300 K in profit during its latest quarter, and -125,200 K in sales during its previous quarter.
