AECOM (NYSE:ACM) has been under a strong bear grip, hence the stock is down -1.26% 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 2.61% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.92% in the last 1 week, and is up 0.34% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 2.82% from its 1 Year high price. On Jun 23, 2016, the shares registered one year high at $34.05 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $31.98 and the 200 Day Moving Average price is recorded at $29.84.
The stock has recorded a 20-day Moving Average of 3.3% and the 50-Day Moving Average is 2.52%.
AECOM (NYSE:ACM): stock turned positive on Friday. Though the stock opened at $32.11, the bulls momentum made the stock top out at $32.96 level for the day. The stock recorded a low of $32.07 and closed the trading day at $32.85, in the green by 3.43%. The total traded volume for the day was 1,023,184. The stock had closed at $31.76 in the previous days trading.
In an insider trading activity, Burke Michael S, director officer (Chairman & CEO) of Aecom, unloaded 22,091 shares at an average price of $34 on June 23, 2016. The total amount of the transaction was worth $751,094, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
AECOM is a provider of professional technical and management support services for commercial and government clients around the world. The Company provides planning, consulting, architectural and engineering design, and program and construction management services for a range of projects, including highways, airports, bridges, mass transit systems, government and commercial buildings, water and wastewater facilities, and power transmission and distribution. The Company also provides program and facilities management and maintenance, training, logistics, security and other support services, primarily for agencies of the United States government. It operates in two segments: Professional Technical Services and Management Support Services. Effective July 10, 2014, it acquired ACE International Consultants SL, a Madrid-based provider of consulting services. In July 2014, it acquired Hunt Construction Group, adding to AECOMs construction services business.