Accenture plc. (ACN) : During the past 4 weeks, traders have been relatively bearish on Accenture plc. (ACN), hence the stock is down -2.79% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.42% relative to the S&P 500. The 4-week change in the price of the stock is -1.79% and the stock has fallen -1.37% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.41% and the 50-Day Moving Average is 1.87%. Accenture plc. (NYSE:ACN): On Fridays trading session , Opening price of the stock was $113.2 with an intraday high of $113.55. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $112.67. However, the stock managed to close at $113.03, a loss of 0.32% for the day. On the previous day, the stock had closed at $113.39. The total traded volume of the day was 1,414,708 shares.
The company Insiders own 0.17% of Accenture plc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -9.42% . Institutional Investors own 77.87% of Accenture plc. shares. During last six month period, the net percent change held by insiders has seen a change of -16.87%. Also, Pacific Crest initiates coverage on Accenture plc. (NYSE:ACN) The brokerage firm has issued a Overweight rating on the shares. The rating by the firm was issued on July 12, 2016.
Accenture plc is engaged in providing management consulting, technology and outsourcing services. The Companys business is structured around five operating groups, which together consists of 19 industry groups serving clients in industries globally. The Companys segment includes Communications, Media & Technology, Financial Services, Health & Public Service, Products and Resources. The Communications, Media & Technology segment serves the communications, electronics, technology, media and entertainment industries. The Financial Services segment serves the banking, capital markets and insurance industries. The Health & Public Service segment serves healthcare payers and providers, government departments, public service organizations, educational institutions and non-profit organizations. The Products segment serves consumer-relevant industries. The Resources segment serves the chemicals, energy, forest products, metals and mining, utilities and related industries.