ACI Worldwide (ACIW) Shares are Up 2.32%

ACI Worldwide (ACIW) has been under a strong bear grip, hence the stock is down -0.28% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.15% in the past 1 week. The stock has risen by 2.32% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.82% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 3.2% and the 50-Day Moving Average is 2.87%.The 200 Day SMA reached 0.93%


ACI Worldwide (NASDAQ:ACIW): After opening at $19.26, the stock dipped to an intraday low of $18.88 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $19.49 and the buying power remained strong till the end. The stock closed at $19.38 for the day, a gain of 1.36% for the day session. The total traded volume was 557,401. The stocks close on the previous trading day was $19.38.

ACI Worldwide (ACIW) stock is expected to deviate a maximum of $2.08 from the average target price of $24.33 for the short term period. 3 Street Experts have initiated coverage on the stock with the most promising target being $26 and the most muted being $22.

ACI Worldwide, Inc. develops, markets, installs and supports a line of software products and services primarily focused on facilitating electronic payments. The Companys suite of software products and hosted services deliver a range of solutions for payments processing, card and merchant management, electronic bill presentment and payment (EBPP), online banking, mobile, branch and voice banking, fraud detection and trade finance. The Companys services include implementation services, product support services, technical services, education services, testing services, expert services consultancy and facilities management services. It offers various solutions, including its retail and wholesale payment engines, risk management, biller, retailers and online banking products. It caters to financial institutions, including global, national, regional, and community banks and credit unions; processors; retailers, and billers.

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