Acco Brands Corporation (ACCO) has been under a strong bear grip, hence the stock is down -8.05% 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 2.04% in the past 1 week. The stock has risen by 2.1% in the past week indicating that the buyers are active at lower levels, but the stock is down -7.1% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 4.7% and the 50-Day Moving Average is 3.04%. Acco Brands Corporation (NYSE:ACCO): stock turned positive on Friday. Though the stock opened at $10.09, the bulls momentum made the stock top out at $10.29 level for the day. The stock recorded a low of $10.09 and closed the trading day at $10.21, in the green by 1.19%. The total traded volume for the day was 595,830. The stock had closed at $10.09 in the previous days trading.
The company Insiders own 3.7% of Acco Brands Corporation shares according to the proxy statements. Institutional Investors own 96.34% of Acco Brands Corporation 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.