Shares of Accenture plc (ACN) Sees Large Inflow of Net Money Flow

Accenture plc (ACN) traded with a cut of -0.66 points or -0.58% at $113.21 per share. As per the last available information, the stock aggregated $94.85 million in upticks and $55.14 million in downticks, keeping the net money flow capped at $39.71 million. The up/down ratio was found to be 1.72. For the week, the shares has seen a change of -1.86% in the share price.A block trade of $54.41 million in upticks and $15.44 million in downticks also took place during the day. The up/down ratio for the block stood at 3.52. The net money flow for this transaction was $38.97 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Accenture plc has lost 3.71% in the last five trading days and dropped 3.35% in the last 4 weeks. Accenture plc has dropped 2.61% during the last 3-month period . Year-to-Date the stock performance stands at -3.35%. Accenture plc (NYSE:ACN) witnessed a decline in the market cap on Wednesday as its shares dropped 0.58% or 0.66 points. After the session commenced at $113.8, the stock reached the higher end at $114.769 while it hit a low of $112.31. With the volume soaring to 2,471,638 shares, the last trade was called at $113.21. The company has a 52-week high of $125.72. The company has a market cap of $72,902 million and there are 643,950,950 shares in outstanding. The 52-week low of the share price is $91.4.

Company has reported several Insider transactions to the SEC, on Jan 6, 2017, Daniel T London (Grp Chief Exec-Health & PS) sold 4,437 shares at 115.90 per share price.On Dec 28, 2016, t Noordende Alexander M Van (Group Chief Exec-Products) sold 10,876 shares at 117.64 per share price.On Dec 28, 2016, Julie Spellman Sweet (Group Chief Exec-North America) sold 9,353 shares at 117.65 per share price.

Accenture Plc Last issued its quarterly earnings results on Dec 21, 2016. The company reported $1.40 EPS for the quarter, missing the analyst consensus estimate by $ -0.09. Analyst had a consensus of $1.49. The company had revenue of $8515.50 million for the quarter, compared to analysts expectations of $8586.03 million. The companys revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.28 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Accenture Plc was Reiterated by Barclays on Dec 22, 2016 to Equal Weight, Lowers Price Target to $ 124 from a previous price target of $128 .

Accenture Plc is a management consulting, technology services and outsourcing organization. The Companys business is structured around five operating groups, namely, Communications & High Tech, Financial Services, Products, Public Service and Resources. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the worlds most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. Accenture Plc is headquartered in New York.


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