KD Logo

AECOM (ACM) Becoming More Attractive for Investors

In a filing, AECOM revealed its Officer Gan David Y. acquired Company’s shares for reported $1.28 million on Dec 16 ’24. In the deal valued at $111.48 per share,11,500 shares were bought.

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, Kapoor Gaurav sold 42,400 shares, generating $4,890,416 in total proceeds. Upon selling the shares at $115.34, the CHIEF FINANCIAL OFFICER (PAO) now owns 31,228 shares.

Before that, Kapoor Gaurav bought 42,400 shares. AECOM shares valued at $4,890,550 were divested by the Officer at a price of $115.34 per share.

Goldman initiated its AECOM [ACM] rating to a Buy in a research note published on November 22, 2024; the price target was $130. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in mid March with a ‘”a Buy”‘ rating. KeyBanc Capital Markets began covering ACM with “an Overweight” recommendation on January 10, 2024. Credit Suisse revised its rating on January 12, 2023. It rated ACM as “an Outperform” which previously was an “a Neutral”.

Price Performance Review of ACM

On Monday, AECOM [NYSE:ACM] saw its stock fall -0.74% to $110.69. Over the last five days, the stock has lost -1.62%. AECOM shares have risen nearly 19.76% since the year began. Nevertheless, the stocks have risen 18.65% over the past one year. While a 52-week high of $118.56 was reached on 11/27/24, a 52-week low of $82.23 was recorded on 07/09/24. SMA at 50 days reached $109.97, while 200 days put it at $97.19.

Levels Of Support And Resistance For ACM Stock

The 24-hour chart illustrates a support level at 109.97, which if violated will result in even more drops to 109.24. On the upside, there is a resistance level at 111.84. A further resistance level may holdings at 112.98. The Relative Strength Index (RSI) on the 14-day chart is 44.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.33%. Stochastics %K at 9.03% indicates the stock is a buying.

How much short interest is there in AECOM?

A steep rise in short interest was recorded in AECOM stocks on 2024-10-31, dropping by -1.21 million shares to a total of 1.87 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 3.08 million shares. There was a decline of -64.38%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on April 27, 2022 when RBC Capital Mkts began covering the stock and recommended ‘”an Outperform”‘ rating along with a $91 price target.

Most Popular