Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate ACCO Brands Corp before investing.

In this article, we go over a few key elements for understanding ACCO Brands Corp’s stock price such as:

• ACCO Brands Corp’s current stock price and volume
• Why ACCO Brands Corp’s stock price changed recently
• Upgrades and downgrades for ACCO from analysts
• ACCO’s stock price momentum as measured by its relative strength

About ACCO Brands Corp (ACCO)

Before we jump into ACCO Brands Corp’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

ACCO Brands Corporation is a global consumer, technology and business-branded products company. The Company?s segments include ACCO Brands North America, ACCO Brands EMEA and ACCO Brands International. The Company is focused on each business segment that designs, markets, sources, manufactures, and sells recognized consumer, technology and business-branded products used in schools, homes and at work. The Company?s product categories include gaming and computer accessories, storage and organization, notebooks, shredding, laminating and binding machines, stapling, punching, planners, dry-erase boards, and do-it-yourself tools, among others. The Company?s primary brands include PowerA, Five Star, AT-A-GLANCE, Quartet, Kensington, Swingline, GBC, Mead, Hilroy, Leitz, Rapid, Esselte, Rexel, NOBO, Derwent, Tilibra, Marbig, Foroni, Barrilito, Artline and Spirax. The Company?s products are sold primarily in the United States, Europe, Australia, Canada, Brazil and Mexico.

Want to learn more about ACCO Brands Corp’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about ACCO Brands Corp.

ACCO Brands Corp’s Stock Price as of Market Close

As of October 18, 2023, 4:00 PM, CST, ACCO Brands Corp’s stock price was $5.17.

ACCO Brands Corp is down 4.08% from its previous closing price of $5.39.

During the last market session, ACCO Brands Corp’s stock traded between $5.29 and $5.43. Currently, there are 95.40 million shares of ACCO Brands Corp stock available for purchase.

Unfortunately, ACCO Brands Corp’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

ACCO Brands Corp Stock Price History

ACCO Brands Corp’s (ACCO) price is currently down 9.93% so far this month.

During the month of October, ACCO Brands Corp’s stock price has reached a high of $5.80 and a low of $5.14.

Over the last year, ACCO Brands Corp has hit prices as high as $6.62 and as low as $4.27. Year to date, ACCO Brands Corp’s stock is down 37.41%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused ACCO Brands Corp Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of October 17, 2023, there were 3 analysts who downgraded ACCO Brands Corp’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate ACCO Brands Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on ACCO Brands Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

ACCO Brands Corp’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about ACCO Brands Corp (ACCO) by visiting AAII Stock Evaluator.

Relative Price Strength of ACCO Brands Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of October 17, 2023, ACCO Brands Corp has a weighted four-quarter relative price strength of 0.61%, which translates to a Momentum Score of 71 and is considered to be Strong.

Want to learn more about how ACCO Brands Corp is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

ACCO Brands Corp Stock Price: Bottom Line

As of October 18, 2023, ACCO Brands Corp’s stock price is $5.17, which is down 4.08% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like ACCO Brands Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.