Acco Group (NASDAQ:ACCL) Shares Pass Above 200 Day Moving Average – Time to Sell?

Acco Group Holdings Limited (NASDAQ:ACCL)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.87 and traded as high as $3.09. Acco Group shares last traded at $2.98, with a volume of 204,368 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded 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 presently has an average rating of “Sell”.

Acco Group Price Performance

The firm’s fifty day moving average price is $2.56 and its 200 day moving average price is $1.88.

Acco Group (NASDAQ:ACCL) last posted its earnings results on Tuesday, June 30th. The technology company reported $0.00 earnings per share 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.