KD Logo

AECOM (ACM) rating initates by Truist

In a filing, AECOM revealed its Director Stotlar Douglas unloaded Company’s shares for reported $0.67 million on May 10 ’24. In the deal valued at $93.51 per share,7,179 shares were sold. As a result of this transaction, Stotlar Douglas now holds 34,667 shares worth roughly $2.97 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, van ‘t Noordende Alexander M sold 2,255 shares, generating $192,893 in total proceeds. Upon selling the shares at $85.54, the Director now owns 6,957 shares.

Before that, Rudd Troy sold 25,000 shares. AECOM shares valued at $2,319,054 were divested by the CHIEF EXECUTIVE OFFICER at a price of $92.76 per share. As a result of the transaction, Rudd Troy now holds 259,168 shares, worth roughly $22.21 million.

Truist initiated its AECOM [ACM] rating to a Buy in a research note published on March 14, 2024; the price target was $106. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in early January with a ‘”an Overweight”‘ rating. Credit Suisse also remained covering ACM and has increased its forecast on January 12, 2023 with a “an Outperform” recommendation from previously “Neutral” rating. RBC Capital Mkts started covering the stock on April 27, 2022. It rated ACM as “an Outperform”.

Price Performance Review of ACM

On Monday, AECOM [NYSE:ACM] saw its stock fall -2.79% to $85.68. Over the last five days, the stock has lost -5.95%. AECOM shares have fallen nearly -7.30% since the year began. Nevertheless, the stocks have risen 1.07% over the past one year. While a 52-week high of $98.72 was reached on 03/28/24, a 52-week low of $74.40 was recorded on 06/04/24. SMA at 50 days reached $89.85, while 200 days put it at $88.44. A total of 0.64 million shares were traded, compared to the trading of 1.03 million shares in the previous session.

Levels Of Support And Resistance For ACM Stock

The 24-hour chart illustrates a support level at 84.59, which if violated will result in even more drops to 83.51. On the upside, there is a resistance level at 87.58. A further resistance level may holdings at 89.49. The Relative Strength Index (RSI) on the 14-day chart is 39.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.67, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.24%. Stochastics%K at 39.27% indicates the stock is a holding.

Most Popular