ACCO Brands Experiences 73.22% Return Amid Uptrend

Strategic Insights -

ACCO Brands, a leading manufacturer of office products, has seen a significant surge in its share price, returning 73.22% from $5.75 to $9.96 since SmarTrend identified an uptrend on October 24th, 2011. The company's products include staplers, daily scheduling diaries, shredders, laminating equipment, and presentation boards. During this period, the 200-day moving average (MA) has gone up 0.2%, while the 50-day MA has advanced 3.8%. SmarTrend continues to monitor ACCO Brands' shares, looking for potential shifts in its trajectory.

Key Takeaways:

  • ACCO Brands' share price has returned 73.22% since SmarTrend identified an uptrend on October 24th, 2011, from $5.75 to $9.96.
  • The company's products include staplers, daily scheduling diaries, shredders, laminating equipment, and presentation boards.
  • The 200-day moving average (MA) has increased by 0.2%, while the 50-day MA has advanced 3.8% since the start of the uptrend.
  • SmarTrend monitors over 5,000 securities simultaneously and provides real-time trend change alerts to its subscribers.
  • ACCO Brands' share prices have been bracketed by a low of $4.33 and a high of $10.39 in the past 52 weeks, with the current price of $9.96 being 130% above the low.

Statistics:

  • 73.22% return in approximately 2 months from $5.75 to $9.96.
  • 0.2% increase in the 200-day moving average (MA).
  • 3.8% advance in the 50-day moving average (MA).
  • $9.96 current share price.
  • $4.33 low price in the past 52 weeks.
  • $10.39 high price in the past 52 weeks.
  • 130% above the low price of $4.33.

Sources:

  • SmarTrend(R) Spotlight via COMTEX, December 20, 2011.
  • MySmarTrend.com website, http://www.MySmarTrend.com.
  • Comtex News Network, Inc. 2011.