accesso Technology Group (LON:ACSO) Stock Passes Below 200 Day Moving Average – Here’s What Happened

by · The Cerbat Gem

accesso Technology Group plc (LON:ACSO – Get Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 418.16 and traded as low as GBX 332.87. accesso Technology Group shares last traded at GBX 337, with a volume of 370,357 shares trading hands.

Analysts Set New Price Targets

A number of research firms have commented on ACSO. Berenberg Bank reissued a “buy” rating and set a GBX 550 price target on shares of accesso Technology Group in a report on Tuesday, September 9th. Shore Capital reiterated a “hold” rating on shares of accesso Technology Group in a research report on Tuesday, September 9th. Finally, Peel Hunt reissued an “add” rating and set a GBX 435 target price on shares of accesso Technology Group in a research note on Tuesday, November 25th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, accesso Technology Group currently has an average rating of “Moderate Buy” and an average price target of GBX 520.

Check Out Our Latest Research Report on accesso Technology Group

accesso Technology Group Stock Performance

The company has a market capitalization of £129.79 million, a P/E ratio of 14.01, a price-to-earnings-growth ratio of 1.22 and a beta of 1.41. The business has a 50 day moving average of GBX 351.43 and a 200 day moving average of GBX 417.05. The company has a quick ratio of 2.62, a current ratio of 1.80 and a debt-to-equity ratio of 11.53.

Insiders Place Their Bets

In other accesso Technology Group news, insider Brian Nelson purchased 50,000 shares of accesso Technology Group stock in a transaction that occurred on Friday, November 7th. The shares were bought at an average price of GBX 348 per share, for a total transaction of £174,000. Corporate insiders own 35.99% of the company’s stock.

accesso Technology Group Company Profile

(Get Free Report)

At accesso we believe technology has the power to redefine the guest experience. We provide solutions that empower our clients to create connected guest experiences to drive their business forward

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