AECOM (ACM) has been under a strong bear grip, hence the stock is down -2.51% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 4% in the past 1 week. The stock has risen by 4.17% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.03% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 2.39% and the 50-Day Moving Average is 7.15%.The 200 Day SMA reached 2.68%
AECOM (NYSE:ACM): After opening at $29.56, the stock dipped to an intraday low of $29.36 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $29.91 and the buying power remained strong till the end. The stock closed at $29.73 for the day, a gain of 1.05% for the day session. The total traded volume was 1,250,064. The stocks close on the previous trading day was $29.73.
AECOM (ACM) : 7 Wall Street analysts covering AECOM (ACM) believe that the average level the stock could reach for the short term is $34.29. The maximum price target given is $38 and the minimum target for short term is around $31, hence the standard deviation is calculated at $3.25.
AECOM is a provider of professional technical and management support services for commercial and government clients around the world. The Company provides planning, consulting, architectural and engineering design, and program and construction management services for a range of projects, including highways, airports, bridges, mass transit systems, government and commercial buildings, water and wastewater facilities, and power transmission and distribution. The Company also provides program and facilities management and maintenance, training, logistics, security and other support services, primarily for agencies of the United States government. It operates in two segments: Professional Technical Services and Management Support Services. Effective July 10, 2014, it acquired ACE International Consultants SL, a Madrid-based provider of consulting services. In July 2014, it acquired Hunt Construction Group, adding to AECOMs construction services business.