Acco Group (NASDAQ:ACCL) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Acco Group Holdings Limited (NASDAQ:ACCL)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.81 and traded as high as $2.74. Acco Group shares last traded at $2.82, with a volume of 3,930 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Acco Group from a “sell (e)” rating to a “sell (d-)” rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Acco Group has a consensus rating of “Sell”.

Acco Group Price Performance

The company has a 50-day moving average price of $2.40 and a 200-day moving average price of $1.81.

Acco Group (NASDAQ:ACCL) last released its quarterly earnings data on Tuesday, June 30th. The technology company reported $0.00 EPS for the quarter. The company had revenue of $1.32 million during the quarter.

Institutional Trading of Acco Group

An institutional investor recently bought a new stake in Acco Group stock. HRT Financial LP acquired a new position in shares of Acco Group Holdings Limited (NASDAQ:ACCL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 11,540 shares of the technology company’s stock, valued at approximately $31,000. HRT Financial LP owned about 0.08% of Acco Group at the end of the most recent reporting period.

About Acco Group

Accelrys, Inc develops and commercializes scientific informatics software products and services for industries and organizations. The Company’s product lines include Pipeline Pilot, Accelrys Enterprise Research and Development (R & D) Platform; Computer Aided Design Modeling and Simulation Software; Enterprise Lab Notebook; Lab Execution Systems; Content Databases, and Data Management & Informatics Software. Its software and service solutions are used by its customers’ scientists, biologists, chemists and information technology professionals in order to aggregate, mine, integrate, analyze, simulate, manage and interactively report scientific data.