Accel Entertainment Inc’s recently made public that its Director GRANT PLACE FUND LLC acquired Company’s shares for reported $0.15 million on Feb 18 ’25. In the deal valued at $12.22 per share,12,500 shares were bought.
Then, CRILLY COURT TRUST bought 12,500 shares, generating $152,750 in total proceeds.
Before that, Ruttenberg David W. sold 25,000 shares. Accel Entertainment Inc shares valued at $265,179 were divested by the Director at a price of $10.61 per share. As a result of the transaction, Ruttenberg David W. now holds 348,135 shares, worth roughly $4.33 million.
Goldman downgraded its Accel Entertainment Inc [ACEL] rating to a Neutral from a a Buy in a research note published on December 06, 2021; the price target was decreased to $14.50 from $15.50. A number of analysts have revised their coverage, including Macquarie’s analysts, who increased its forecast for the stock in early December from “a Neutral” to “an Outperform”. Deutsche Bank also remained covering ACEL and has increased its forecast on November 08, 2021 with a “Buy” recommendation from previously “Hold” rating. JP Morgan started covering the stock on April 08, 2021. It rated ACEL as “an Overweight”.
Price Performance Review of ACEL
On Tuesday, Accel Entertainment Inc [NYSE:ACEL] saw its stock jump 1.72% to $12.43. Over the last five days, the stock has gained 6.97%. Accel Entertainment Inc shares have risen nearly 16.39% since the year began. Nevertheless, the stocks have risen 20.91% over the past one year. While a 52-week high of $12.96 was reached on 02/18/25, a 52-week low of $9.37 was recorded on 01/10/25. SMA at 50 days reached $11.23, while 200 days put it at $11.01.
Levels Of Support And Resistance For ACEL Stock
The 24-hour chart illustrates a support level at 12.28, which if violated will result in even more drops to 12.13. On the upside, there is a resistance level at 12.53. A further resistance level may holdings at 12.63. The Relative Strength Index (RSI) on the 14-day chart is 70.95, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 3.00%. Stochastics %K at 95.00% indicates the stock is a selling.
The most recent change occurred on March 08, 2021 when Macquarie began covering the stock and recommended ‘”a Neutral”‘ rating along with a $13 price target.
