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ACEL stock rated a Neutral by Goldman

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Accel Entertainment Inc’s recent filing unveils that its Officer Harmer Derek acquired Company’s shares for reported $100000.0 on Mar 14 ’25. In the deal valued at $10.00 per share,10,000 shares were bought.

Then, Ruttenberg David W. sold 25,000 shares, generating $308,786 in total proceeds. Upon selling the shares at $12.35, the Director now owns 335,635 shares.

Before that, GRANT PLACE FUND LLC bought 12,500 shares. Accel Entertainment Inc shares valued at $152,750 were divested by the Director at a price of $12.22 per share.

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 0.92% to $9.91. Over the last five days, the stock has lost -0.30%. Accel Entertainment Inc shares have fallen nearly -7.21% since the year began. Nevertheless, the stocks have fallen -12.15% over the past one year. While a 52-week high of $12.96 was reached on 02/21/25, a 52-week low of $9.37 was recorded on 03/13/25. SMA at 50 days reached $11.04, while 200 days put it at $11.06.

Levels Of Support And Resistance For ACEL Stock

The 24-hour chart illustrates a support level at 9.78, which if violated will result in even more drops to 9.65. On the upside, there is a resistance level at 10.01. A further resistance level may holdings at 10.10. The Relative Strength Index (RSI) on the 14-day chart is 32.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.49%. Stochastics %K at 10.36% indicates the stock is a buying.

How much short interest is there in Accel Entertainment Inc?

A steep rise in short interest was recorded in Accel Entertainment Inc stocks on 2025-02-28, dropping by 6709.0 shares to a total of 0.8 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 0.81 million shares. There was a decline of -0.84%, which implies that there is a negative sentiment for the stock.

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.

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