Shares of ACI Worldwide Have Risen Above Previous 52-Week High

Published on Fri, 05/08/2015 - 14:17
By Mallory Stone in 52 Week high-lows, ACIW, 52 week high/lows, aci worldwide, nasdaq:aciw

Shares of ACI Worldwide (NASDAQ:ACIW) traded at a new 52-week high today of $23.81. Approximately 220,000 shares have changed hands today, as compared to an average 30-day volume of 603,000 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, smartcards, home banking services, checks, and automated clearing and settlement.

ACI Worldwide share prices have moved between a 52-week high of $23.81 and a 52-week low of $17.32 and are now trading 37% above that low price at $23.70 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has risen 0.5%.

ACI Worldwide (NASDAQ:ACIW) is currently priced 6.6% above its average consensus analyst price target of $22.14. The stock should discover initial support at its 50-day moving average (MA) of $21.49 and subsequent support at its 200-day MA of $19.66.

By Mallory Stone
mstone@fnno.com

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