Acco Brands Corporation (ACCO) has been under a strong bear grip, hence the stock is down -10.4% 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 0.96% in the past 1 week. The stock has risen by 0.3% in the past week indicating that the buyers are active at lower levels, but the stock is down -10.59% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.61% and the fifty day Moving Average is 4.12%. ACCO Brands Corporation is up 2.03% in the last three month period. Year-to-Date the stock performance stands at 40.95%.
Acco Brands Corporation (ACCO) : The consensus price target for Acco Brands Corporation (ACCO) is $10.5 for the short term with a standard deviation of $0.71. The most optimist securities analyst among the 2 who monitor the stock believes that the stock can reach $11, however, the pessimist price target for the company is $10.
Acco Brands Corporation (NYSE:ACCO): On Fridays trading session , Opening price of the stock was $10.12 with an intraday high of $10.17. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $9.96. However, the stock managed to close at $10.05, a loss of 0.20% for the day. On the previous day, the stock had closed at $10.07. The total traded volume of the day was 255,853 shares.
ACCO Brands Corporation is a manufacturer and marketer of office, school and calendar products and select computer and electronic accessories. The Company sells its products to consumers and commercial end users primarily through resellers, including traditional office supply resellers, wholesalers, and retailers, including online retailers. The company is organized into three business segments: ACCO Brands North America, ACCO Brands International and Computer Products Group. ACCO Brands North America and ACCO Brands International manufacture, source and sell traditional office products, school supplies and calendar products. The Companys Computer Products Group designs, sources, distributes, markets and sells accessories for laptop and desktop computers and tablets. The Company sells its products primarily to markets located in the United States, Northern Europe, Canada, Australia, Brazil and Mexico.