Acco Group Holdings Limited (NASDAQ:ACCL – Get Free Report) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 19,728 shares, a decline of 37.9% from the September 30th total of 31,753 shares. Based on an average daily volume of 8,190 shares, the short-interest ratio is presently 2.4 days. Approximately 0.2% of the company’s stock are short sold.
Acco Group Stock Up 2.6%
Acco Group stock traded up $0.07 during trading hours on Monday, reaching $2.56. 1,130 shares of the company were exchanged, compared to its average volume of 405,131. Acco Group has a 12 month low of $1.23 and a 12 month high of $5.00. The stock has a 50-day moving average of $2.72 and a 200 day moving average of $1.98.
Acco Group (NASDAQ:ACCL – Get Free Report) last issued its quarterly earnings data on Wednesday, October 21st. The technology company reported $0.01 earnings per share for the quarter. The firm had revenue of $1.27 million during the quarter.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Acco Group in a research report on Friday, October 9th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock presently has an average rating of “Sell”.
View Our Latest Analysis on Acco Group
Acco Group Company Profile
Accelrys, Inc develops and commercializes scientific informatics software products and services for industries and organizations. The Company’s product lines include Pipeline Pilot, Accelrys Enterprise Research and Development (R & D) Platform; Computer Aided Design Modeling and Simulation Software; Enterprise Lab Notebook; Lab Execution Systems; Content Databases, and Data Management & Informatics Software. Its software and service solutions are used by its customers’ scientists, biologists, chemists and information technology professionals in order to aggregate, mine, integrate, analyze, simulate, manage and interactively report scientific data.
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