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Recent 52-Week High Exceeded in Shares of Acxiom Corp (ACXM)

By Shiri Gupta

Shares of Acxiom Corp (NASDAQ:ACXM) traded at a new 52-week high today of $45.72. So far today approximately 235,000 shares have been exchanged, as compared to an average 30-day volume of 1.1 million shares.

Acxiom Corp (NASDAQ:ACXM) is currently priced 26.7% above its average consensus analyst price target of $33.25. The stock should find initial support at its 50-day moving average (MA) of $36.36 and further support at its 200-day MA of $29.55.

In the past 52 weeks, shares of Acxiom Corp have traded between a low of $18.60 and a high of $45.72 and are now at $45.38, which is 144% above that low price. Over the past week, the 200-day moving average (MA) has gone up 1.2% while the 50-day MA has advanced 3.1%.

Acxiom Corporation operates as a marketing technology and services company. The Company provides the data foundation for marketers around the world. Acxiom offers products and services that enable people-based marketing.

SmarTrend recommended that subscribers consider buying shares of Acxiom Corp on May 18th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $27.87. Since that recommendation, shares of Acxiom Corp have risen 55.5%. We continue to monitor ACXM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows acxiom corp

Ticker(s): ACXM