Acco Group (NASDAQ:ACCL) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Acco Group Holdings Limited (NASDAQ:ACCL)’s share price passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $1.93 and traded as high as $2.77. Acco Group shares last traded at $2.63, with a volume of 9,549 shares.

Analysts Set New Price Targets

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, According to MarketBeat, the company has an average rating of “Sell”.

Acco Group Stock Down 1.2%

The company has a fifty day simple moving average of $2.67 and a two-hundred day simple moving average of $1.93.

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

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.