Accenture plc (NYSE:ACN) price closed higher on Tuesday, April 16, jumping 0.21% above its previous close.
A look at the daily price movement shows that the last close reads $313.27. The company’s P/E ratio in the trailing 12-month period read 28.46. Taking into account the 52-week price action we note that the stock hit a 52-week high of $387.51 and 52-week low of $261.68. The stock subtracted -16.19% on its value in the past month.
Accenture plc, which has a market valuation of $197.38 billion. The company stock has a Forward Dividend ratio of 4.99, while the dividend yield is 1.59%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give ACN a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 50% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 3.75. The overview shows that ACN’s price is at present -7.49% off the SMA20 and -12.78% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 27.48, with weekly volatility standing at 2.04%. The indicator jumps to 2.15% when calculated based on the past 30 days. Accenture plc (NYSE:ACN)’s beta value is holding at 1.20, while the average true range (ATR) indicator is currently reading 7.50.
An analysis of the Accenture plc (NYSE:ACN) stock in terms of its daily trading volume indicates that the 3-month average is 2.39 million.
Current records show that the company has 628.27M in outstanding shares. The insiders’ percentage holdings are 0.25% of outstanding shares while the percentage share held by institutions stands at 78.05%. But the -10.54% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
