• Return to Headlines

Shares of Aecom Rise to a New 52-Week High

By Amy Schwartz

Shares of Aecom (NYSE:ACM) traded at a new 52-week high today of $37.90. So far today approximately 516,000 shares have been exchanged, as compared to an average 30-day volume of 1 million shares.

AECOM, together with its subsidiaries, engages in designing, building, financing, and operating infrastructure assets worldwide. It operates through four segments: Design and Consulting Services (DCS), Construction Services (CS), Management Services (MS), and AECOM Capital (ACAP).

Potential upside of 8.5% exists for Aecom, based on a current level of $37.21 and analysts' average consensus price target of $40.38. The stock should find initial support at its 50-day moving average (MA) of $32.99 and further support at its 200-day MA of $31.15.

Aecom share prices have moved between a 52-week high of $37.90 and a 52-week low of $24.83 and are now trading 50% above that low price at $37.21 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.

SmarTrend recommended that subscribers consider buying shares of Aecom on June 4th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $32.94. Since that recommendation, shares of Aecom have risen 10.9%. We continue to monitor ACM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows aecom

Ticker(s): ACM