Acco Group (NASDAQ:ACCL) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Acco Group Holdings Limited (NASDAQ:ACCL) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.81 and traded as high as $2.74. Acco Group shares last traded at $2.82, with a volume of 3,930 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Acco Group from a “sell (e)” rating to a “sell (d-)” rating in a report on Monday, July 13th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Acco Group presently has a consensus rating of “Sell”.

Acco Group Trading Down 2.7%

The firm’s fifty day simple moving average is $2.42 and its 200-day simple moving average is $1.82.

Acco Group (NASDAQ:ACCL) last announced its quarterly earnings data on Tuesday, June 30th. The technology company reported $0.00 earnings per share (EPS) for the quarter. The business had revenue of $1.32 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Acco Group stock. HRT Financial LP purchased a new position in Acco Group Holdings Limited (NASDAQ:ACCL) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,540 shares of the technology company’s stock, valued at approximately $31,000. HRT Financial LP owned 0.08% of Acco Group at the end of the most recent quarter.

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.