Shares of Accenture plc. (ACN) Sees Large Outflow of Money

Accenture plc. (ACN) : The total money flow in Accenture plc. (ACN) was negative ($6.06 million), which signals selling by the traders on Thursdays session. They trimmed their holdings by selling the stock on downticks to the tune of $21.76 million. In comparison, the inflow of money into the stock on upticks was $15.7 million. The uptick to downtick ratio was 0.72. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $6.47 million. The negative money flow of ($6.47 million) confirms the selling in Accenture plc. (ACN) on strength. Accenture plc. (ACN) gained $0.01 at $113.53, a gain of 0.01% over the previous days close. However, the stock registered 0.01% in the week.


Accenture plc. (ACN) : The highest short term price target forecast on Accenture plc. (ACN) is $132 and the lowest target price is $110. A total of 13 equity analysts are currently covering the company. The average price of all the analysts is $123.77 with a standard deviation of $7.49. The stock has recorded a 20-day Moving Average of 2.78% and the 50-Day Moving Average is 3.11%.

Accenture plc. (NYSE:ACN): The stock opened at $113.51 on Thursday but the bulls could not build on the opening and the stock topped out at $113.90 for the day. The stock traded down to $112.51 during the day, due to lack of any buying support eventually closed down at $112.70 with a loss of -0.72% for the day. The stock had closed at $113.52 on the previous day. The total traded volume was 2,050,523 shares.

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.

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