Accenture plc (NYSE:ACN) shares, rose in value, with the stock price up by 0.99% to the previous day’s close as strong demand from buyers drove the stock to $309.12.
Actively observing the price movement in the recent trading, the stock is buoying the session at $306.09. The PE ratio was 25.51 over 12-month period. Referring to stock’s 52-week performance, its high was $398.35, and the low was $275.01. On the whole, ACN has fluctuated by 9.85% over the past month.
With the market capitalization of Accenture plc currently standing at about $193.52 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 5.73, with its dividend yield at 1.85%.
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 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.45, with the price of ACN currently trading nearly 5.23% and 0.09% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.64, while the 7-day volatility ratio is showing 1.46% which for the 30-day chart, stands at 2.74%. Furthermore, Accenture plc (ACN)’s beta value is 1.34, and its average true range (ATR) is 7.60.
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 0.99% in today’s session so far, and over the past year, it grew by 1.00%%.
Data on historical trading for Accenture plc (NYSE:ACN) indicates that the trading volumes over the past 3 months, they’ve averaged 3.59 million. According to company’s latest data on outstanding shares, there are 626.44 million shares outstanding.
Nearly 0.27% of Accenture plc’s shares belong to company insiders and institutional investors own 79.29% of the company’s shares. The stock has fallen by -12.13% 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.
