accesso Technology Group (LON:ACSO) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

Shares of accesso Technology Group plc (LON:ACSO) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 326.94 and traded as low as GBX 239. accesso Technology Group shares last traded at GBX 245, with a volume of 37,683 shares.

Analyst Ratings Changes

A number of research firms recently weighed in on ACSO. Peel Hunt reissued an “add” rating and issued a GBX 435 price objective on shares of accesso Technology Group in a research report on Monday, January 5th. Shore Capital Group upgraded accesso Technology Group to a “buy” rating in a research report on Thursday, January 29th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 520.

accesso Technology Group Stock Performance

The firm has a market cap of £91.03 million, a PE ratio of 9.95, a price-to-earnings-growth ratio of 1.22 and a beta of 0.58. The business has a 50 day simple moving average of GBX 262.73 and a two-hundred day simple moving average of GBX 326.18. The company has a quick ratio of 2.62, a current ratio of 1.88 and a debt-to-equity ratio of 5.80.

Insider Activity at accesso Technology Group

In related news, insider Matthew Boyle sold 10,834 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of GBX 265, for a total value of £28,710.10. Insiders own 36.50% of the company’s stock.

accesso Technology Group Company Profile

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