StockNews.com initiated coverage on shares of Acacia Research ( NASDAQ:ACTG – Free Report ) in a report issued on Thursday. The brokerage issued a sell rating on the business services provider's stock. Acacia Research Stock Up 1.7 % Acacia Research stock opened at $3.56 on Thursday. The firm has a fifty day simple moving average of $3.71 and a two-hundred day simple moving average of $3.92. Acacia Research has a twelve month low of $3.43 and a twelve month high of $4.66. The company has a market capitalization of $355.

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