Market Update: Acco Brands Corporation (ACCO) Sees Negative Movement, Closing at 5.73

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

In the latest session, Acco Brands Corporation (NYSE: ACCO) closed at $5.73 down -1.38% from its previous closing price of $5.81. In other words, the price has decreased by -$1.38 from its previous closing price. On the day, 0.5 million shares were traded. ACCO stock price reached its highest trading level at $5.83 during the session, while it also had its lowest trading level at $5.675.

Ratios:

For a deeper understanding of Acco Brands Corporation’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.78. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 1.63 whereas as Long-Term Debt/Eq ratio is at 1.50.

On November 12, 2020, KeyBanc Capital Markets Upgraded its rating to Overweight which previously was Sector Weight but kept the price unchanged to $12.

Barrington Research reiterated its Outperform rating for the stock on February 14, 2019, while the target price for the stock was revised from $13 to $11.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 27 ’24 when Schneider Pamela R sold 19,166 shares for $5.47 per share. The transaction valued at 104,811 led to the insider holds 243,899 shares of the business.

Schneider Pamela R bought 19,166 shares of ACCO for $104,455 on Aug 27 ’24. On May 07 ’24, another insider, Jones Angela Y, who serves as the SVP, Global Chief People Offic of the company, sold 15,000 shares for $4.96 each. As a result, the insider received 74,325 and left with 18,621 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACCO now has a Market Capitalization of 532208128 and an Enterprise Value of 1432808192. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 0.84 whereas that against EBITDA is 7.111.

Stock Price History:

Over the past 52 weeks, ACCO has reached a high of $6.62, while it has fallen to a 52-week low of $4.36. The 50-Day Moving Average of the stock is 1.84%, while the 200-Day Moving Average is calculated to be 9.84%.

Shares Statistics:

For the past three months, ACCO has traded an average of 631.09K shares per day and 685540 over the past ten days. A total of 98.60M shares are outstanding, with a floating share count of 89.05M. Insiders hold about 4.13% of the company’s shares, while institutions hold 82.79% stake in the company. Shares short for ACCO as of 1732838400 were 1591971 with a Short Ratio of 2.52, compared to 1730332800 on 2133850. Therefore, it implies a Short% of Shares Outstanding of 1591971 and a Short% of Float of 1.76.

Dividends & Splits

According to the company, the forward annual dividend rate for ACCO is 0.30, from 0.3 in the trailing year. Against a Trailing Annual Dividend Yield of 0.051635113The stock’s 5-year Average Dividend Yield is 4.47.

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