Accenture plc. (ACN) has been under a strong bear grip, hence the stock is down -3.86% 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 0.02% in the past 1 week. The 4-week change in the price of the stock is -0.63% and the stock has fallen -0.04% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.18% and the 50-Day Moving Average is 2.81%. Accenture plc has dropped 0.1% during the last 3-month period . Year-to-Date the stock performance stands at 9%.
Accenture plc. (NYSE:ACN): stock turned positive on Friday. Though the stock opened at $112.4, the bulls momentum made the stock top out at $113.12 level for the day. The stock recorded a low of $111.33 and closed the trading day at $112.81, in the green by 0.65%. The total traded volume for the day was 2,678,733. The stock had closed at $112.08 in the previous days trading.
Also, Pacific Crest initiates coverage on Accenture plc. (NYSE:ACN). According to the latest information available, the shares are now rated Overweight by the analysts at the agency. 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.