ACI Worldwide (ACIW) : During the past 4 weeks, traders have been relatively bearish on ACI Worldwide (ACIW), hence the stock is down -6.78% 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 -3.18% relative to the S&P 500. The 4-week change in the price of the stock is -6.42% and the stock has fallen -3.21% in the past 1 week.
ACI Worldwide, Inc. has dropped 6.66% during the last 3-month period . Year-to-Date the stock performance stands at -15.51%. The stock has recorded a 20-day Moving Average of 4.76% and the 50-Day Moving Average is 7.64%.
ACI Worldwide (NASDAQ:ACIW): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $17.91 and $17.80 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $18.10. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.08, notching a gain of 0.89% for the day. The total traded volume was 393,232 . The stock had closed at $17.92 on the previous day.
Also, Monness Crespi Hardt initiates coverage on ACI Worldwide (NASDAQ:ACIW). According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on June 15, 2016.
ACI Worldwide, Inc. develops, markets, installs and supports a line of software products and services primarily focused on facilitating electronic payments. The Companys suite of software products and hosted services deliver a range of solutions for payments processing, card and merchant management, electronic bill presentment and payment (EBPP), online banking, mobile, branch and voice banking, fraud detection and trade finance. The Companys services include implementation services, product support services, technical services, education services, testing services, expert services consultancy and facilities management services. It offers various solutions, including its retail and wholesale payment engines, risk management, biller, retailers and online banking products. It caters to financial institutions, including global, national, regional, and community banks and credit unions; processors; retailers, and billers.