Shares of Accel Entertainment (NASDAQ:ACEL) fell 0.5% during mid-day trading on Monday . The company traded as low as $11.68 and last traded at $12.03, 123,019 shares changed hands during mid-day trading. An increase of 47% from the average session volume of 83,927 shares. The stock had previously closed at $12.09.
A number of research firms have issued reports on ACEL. Zacks Investment Research upgraded Accel Entertainment from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a research note on Monday, December 23rd. Goldman Sachs Group began coverage on Accel Entertainment in a research note on Monday, December 16th. They issued a “buy” rating and a $16.00 target price on the stock. Finally, Northland Securities reiterated a “buy” rating and issued a $13.50 target price on shares of Accel Entertainment in a research note on Wednesday, November 27th.
The business’s 50 day simple moving average is $12.04.
Accel Entertainment (NASDAQ:ACEL) last issued its quarterly earnings results on Friday, November 1st. The company reported ($0.06) EPS for the quarter.
Accel Entertainment Company Profile (NASDAQ:ACEL)
Accel Entertainment, Inc does not have significant operations. It intends to acquire assets or businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. The company was founded in 2017 and is based in Fort Worth, Texas.
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