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Accelrys (NASDAQ:ACCL) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a note issued to investors on Friday, AnalystRatingsNetwork reports. They currently have a $11.30 target price on the stock. Zacks‘ target price would indicate a potential upside of 7.93% from the stock’s previous close.

Shares of Accelrys (NASDAQ:ACCL) traded down 4.11% during mid-day trading on Friday, hitting $10.04. The stock had a trading volume of 171,109 shares. Accelrys has a 52-week low of $7.75 and a 52-week high of $10.59. The stock’s 50-day moving average is $9.5 and its 200-day moving average is $9.3. The company’s market cap is $558.9 million.

Accelrys (NASDAQ:ACCL) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.14 earnings per share for the quarter, beating the analysts’ 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. Accelrys’s revenue was up 2.1% compared to the same quarter last year. Analysts expect that Accelrys will post $0.34 EPS for the current fiscal year.

Accelrys, Inc develops and commercializes scientific informatics software products and services for industries and organizations.

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