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ACCO Brands (ACCO) Catches Eye: Stock Jumps 9.7% in Session

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ACCO Brands Corporation (ACCO - Free Report) was a big mover last session, as its shares rose almost 10% on the day. The move came after the company reported encouraging fourth-quarter 2016 results. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $12.30 to $13.20 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

ACCO Brands currently carries a Zacks Rank #3 (Hold).

A better-ranked stock in the Office Supplies space is Avery Dennison Corporation (AVY - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is ACCO going up? Or down? Predict to see what others think: Up or Down

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