On Friday, Acco Brands Corporation (NYSE: ACCO) opened lower -3.48% from the last session, before settling in for the closing price of $6.03. Price fluctuations for ACCO have ranged from $4.36 to $6.62 over the past 52 weeks.
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
Annual sales at Industrials sector company slipped by -0.40% over the past five years. Company’s average yearly earnings per share was noted -4.59% at the time writing. With a float of $89.26 million, this company’s outstanding shares have now reached $94.93 million.
Let’s look at the performance matrix of the company that is accounted for 5600 employees. 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 Updates
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 3.90%, while institutional ownership is 82.65%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -4.59% 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 0.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.31. Likewise, its price to free cash flow for the trailing twelve months is 3.71.
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 1.13 in one year’s time.
Technical Analysis of Acco Brands Corporation (ACCO)
Acco Brands Corporation (NYSE: ACCO) saw its 5-day average volume 0.66 million, a positive change from its year-to-date volume of 0.63 million. As of the previous 9 days, the stock’s Stochastic %D was 62.00%. Additionally, its Average True Range was 0.20.
During the past 100 days, Acco Brands Corporation’s (ACCO) raw stochastic average was set at 70.29%, which indicates a significant increase from 61.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.99% in the past 14 days, which was higher than the 36.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.36, while its 200-day Moving Average is $5.24. Nevertheless, the first resistance level for the watch stands at $5.96 in the near term. At $6.10, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.17. If the price goes on to break the first support level at $5.75, it is likely to go to the next support level at $5.68. Assuming the price breaks the second support level, the third support level stands at $5.54.
Acco Brands Corporation (NYSE: ACCO) Key Stats
There are currently 92,881K shares outstanding in the company with a market cap of 521.74 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 420,900 K and its income totaled 9,300 K.
