Accenture plc (NYSE:ACN) shares, rose in value on Thursday, April 25, with the stock price down by -2.23% to the previous day’s close as strong demand from buyers drove the stock to $306.55.
Actively observing the price movement in the recent trading, the stock is buoying the session at $313.54. The PE ratio was 27.79 over 12-month period. Referring to stock’s 52-week performance, its high was $387.51, and the low was $261.68. On the whole, ACN has fluctuated by -8.87% over the past month.
The company’s Forward Dividend Ratio is 4.99, with its dividend yield at 1.63%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 65.26B, with a low estimate of 16.25B and a high estimate of 16.71B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 16.56B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ACN’s technical picture suggests that short-term indicators denote the stock is a 100% 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% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.66, with the price of ACN currently trading nearly -5.86% and -13.03% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 25.32, while the 7-day volatility ratio is showing 1.39% which for the 30-day chart, stands at 1.62%. Furthermore, Accenture plc (ACN)’s beta value is 1.20, and its average true range (ATR) is 6.55.
A comparison of Accenture plc (ACN) with its peers suggests the former has fared considerably weaker in the market. ACN showed an intraday change of -2.23% in today’s session so far, and over the past year, it grew by 13.24%%.
Data on historical trading for Accenture plc (NYSE:ACN) indicates that the trading volumes over the past 3 months, they’ve averaged 2.48 million. According to company’s latest data on outstanding shares, there are 628.27 million shares outstanding.
Nearly 0.24% of Accenture plc’s shares belong to company insiders and institutional investors own 77.99% of the company’s shares. The stock has fallen by -12.64% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ACN stock heading into the next quarter.
