NEW YORK (
) is trading at unusually high volume Monday with 2.8 million shares changing hands. It is currently at 4.3 times its average daily volume and trading down 55 cents (-5%) at $10.42 as of 3:50 p.m. ET.
ACCO has a market cap of $597.5 million and is part of the
ACCO Brands Corporation engages in the design, manufacture, marketing, and distribution of office products primarily in the United States, Australia, the United Kingdom, and Canada.
TheStreet Ratings rates ACCO as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full
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