• Return to Headlines

Aci Worldwide In: 52-Week High Recently Eclipsed (ACIW)

By Shiri Gupta

Shares of Aci Worldwide In (NASDAQ:ACIW) traded at a new 52-week high today of $26.37. Approximately 51,000 shares have changed hands today, as compared to an average 30-day volume of 464,000 shares.

ACI Worldwide, Inc. develops, markets, and supports software products for the global electronics funds transfer market. The Company's products are used to process transactions involving credit cards, debit cards, smart cards, home banking services, checks, and automated clearing and settlement.

Aci Worldwide In has overhead space with shares priced $25.62, or 7.2% below the average consensus analyst price target of $27.60. The stock should find initial support at its 200-day moving average (MA) of $21.17 and further support at its 50-day MA of $20.01.

In the past 52 weeks, shares of Aci Worldwide In have traded between a low of $15.11 and a high of $26.37 and are now at $25.62, which is 70% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of Aci Worldwide In on February 15th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $22.93. Since that recommendation, shares of Aci Worldwide In have risen 13.2%. We continue to monitor ACIW for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows aci worldwide in

Ticker(s): ACIW