Acco Group Holdings Limited (NASDAQ:ACCL – Get Free Report) was the recipient 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 days-to-cover ratio is presently 2.4 days. Approximately 0.2% of the shares of the stock are short sold.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Acco Group in a research note on Friday, October 9th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Acco Group currently has a consensus rating of “Sell”.
Read Our Latest Research Report on ACCL
Acco Group Price Performance
Shares of NASDAQ:ACCL traded up $0.07 during midday trading on Monday, reaching $2.56. The company had a trading volume of 1,130 shares, compared to its average volume of 405,131. Acco Group has a 1-year low of $1.23 and a 1-year high of $5.00. The business’s 50 day moving average price is $2.72 and its 200 day moving average price is $1.98.
Acco Group (NASDAQ:ACCL – Get Free Report) last posted its quarterly earnings results on Wednesday, October 21st. The technology company reported $0.01 EPS for the quarter. The business had revenue of $1.27 million for the 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.
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