Acco Brands Corporation (ACCO) : Traders are bullish on Acco Brands Corporation (ACCO) as it has outperformed the S&P 500 by a wide margin of 3.54% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.37%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.89% in the last 1 week, and is up 3.4% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.44% and the 50-Day Moving Average is 0.97%.The 200 Day SMA reached 18.73%. ACCO Brands Corporation is up 0.19% in the last 3-month period. Year-to-Date the stock performance stands at 45.02%.
Acco Brands Corporation (NYSE:ACCO): After opening at $10.14, the stock dipped to an intraday low of $10.11 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $10.35 and the buying power remained strong till the end. The stock closed at $10.34 for the day, a gain of 2.17% for the day session. The total traded volume was 420,881. The stocks close on the previous trading day was $10.12.
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.