Accelrys Inc. Reaches New 12-Month High at $10.00 (ACCL)
Accelrys (NASDAQ:ACCL)’s share price reached a new 52-week high during trading hours on Tuesday, Analyst Ratings Net reports. The company traded as high as $10.00 and last traded at $9.96, with a volume of 53,384 shares traded. The stock had previously closed at $9.75.
Separately, analysts at Zacks upgraded shares of Accelrys from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, December 26th. They now have a $10.30 price target on the stock.
In other Accelrys news, major shareholder Rgm Capital, Llc purchased 16,166 shares of the stock on the open market in a transaction that occurred on Monday, January 6th. The stock was purchased at an average price of $9.50 per share, for a total transaction of $153,577.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Accelrys has a 52 week low of $7.75 and a 52 week high of $10.00. The stock’s 50-day moving average is $9.39 and its 200-day moving average is $9.27. The company’s market cap is $556.6 million.
Accelrys (NASDAQ:ACCL) last released its earnings data on Wednesday, October 30th. The company reported $0.14 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.10 by $0.04. The company had revenue of $44.30 million for the quarter, compared to the consensus estimate of $43.85 million. The company’s quarterly revenue was up 2.1% on a year-over-year basis. On average, analysts predict that Accelrys will post $0.34 earnings per share for the current fiscal year.
Accelrys, Inc develops and commercializes scientific informatics software products and services for industries and organizations.
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