Acco Brands Corporation (NYSE:ACCO) shares, rose in value on Friday, February 14, with price up by 3.87% to the previous day’s close as strong demand from buyers drove the stock to $5.37.
Actively observing the price movement in the last trading, the stock closed the session at $5.17, falling within a range of $5.21 and $5.42. The value of beta (5-year monthly) was 1.654. Referring to stock’s 52-week performance, its high was $6.62, and the low was $4.36. On the whole, ACCO has fluctuated by 3.67% over the past month.
With the market capitalization of Acco Brands Corporation currently standing at about $498.77 million, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.30, with its dividend yield at 5.59%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.67B, with a low estimate of 446.5M and a high estimate of 460M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 455.06M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ACCO’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of ACCO currently trading nearly 3.27% and -0.43% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.67, while the 7-day volatility ratio is showing 2.55% which for the 30-day chart, stands at 2.48%. Furthermore, Acco Brands Corporation (ACCO)’s beta value is 1.71, and its average true range (ATR) is 0.15.
A comparison of Acco Brands Corporation (ACCO) with its peers suggests the former has fared considerably weaker in the market. ACCO showed an intraday change of 3.87% in last session, and over the past year, it shrunk by -14.76%%.
Data on historical trading for Acco Brands Corporation (NYSE:ACCO) indicates that the trading volumes over the past 10 days have averaged 0.6 and over the past 3 months, they’ve averaged 603.90K. According to company’s latest data on outstanding shares, there are 98.60 million shares outstanding.
Nearly 4.15% of Acco Brands Corporation’s shares belong to company insiders and institutional investors own 81.64% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.39 million shares as on 2025-01-31, resulting in a short ratio of 4.07. According to the data, the short interest in Acco Brands Corporation (ACCO) stood at 265.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 2.39 million. The stock has risen by 2.29% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ACCO stock heading into the next quarter.
