Shares of Accenture plc. (NYSE:ACN) Sees Large Outflow of Money

Accenture plc. (NYSE:ACN) jumped 0.44 points or 0.37% on strong buying and was last priced at $119.49 per share. The shares saw huge fund flow intraday; a massive $35.22 million made their way in through the upticks but an even bigger $51.2 million made their way out through downticks. As per the last observation, the net money flow stood at $(-15.99) million and the up/down ratio was found to be 0.69. The shares have seen a weekly value change of 1.63% .A block trade was recorded in the company shares with a net money flow of $(-12.39) million. The composite value of the funds in upticks was $4.97 million and the total value of funds in downticks was $17.36. As can be seen from the data, the block transaction had the up/down ratio of 0.29.


The stock has recorded a 20-day Moving Average of 0.74% and the 50-Day Moving Average is 2.59%. The company shares have rallied 21.17% in the past 52 Weeks. On June 20, 2016 The shares registered one year high of $120.33 and one year low was seen on August 24, 2015 at $88.43. The 50-day moving average is $117.27 and the 200 day moving average is recorded at $108.7. S&P 500 has rallied 1.93% during the last 52-weeks.

Accenture plc. (NYSE:ACN): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $119.61 and $119.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $119.84. The buying momentum continued till the end and the stock did not give up its gains. It closed at $119.43, notching a gain of 0.32% for the day. The total traded volume was 2,040,394 . The stock had closed at $119.05 on the previous day.

Currently the company Insiders own 0.17% of Accenture plc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -9.59% . Institutional Investors own 76.97% of Accenture plc. shares. During last six month period, the net percent change held by insiders has seen a change of -9.62%. On the companys insider trading activities, Lumb Richard, officer (Group Chief Executive-Fin Serv) of Accenture Plc, unloaded 2,500 shares at an average price of $116.45 on May 11, 2016. The total amount of the transaction was worth $291,125, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Accenture plc is engaged in providing management consulting, technology and outsourcing services. The Companys business is structured around five operating groups, which together consists of 19 industry groups serving clients in industries globally. The Companys segment includes Communications, Media & Technology, Financial Services, Health & Public Service, Products and Resources. The Communications, Media & Technology segment serves the communications, electronics, technology, media and entertainment industries. The Financial Services segment serves the banking, capital markets and insurance industries. The Health & Public Service segment serves healthcare payers and providers, government departments, public service organizations, educational institutions and non-profit organizations. The Products segment serves consumer-relevant industries. The Resources segment serves the chemicals, energy, forest products, metals and mining, utilities and related industries.

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