accesso Technology Group (LON:ACSO) Shares Cross Below 200-Day Moving Average – Time to Sell?

accesso Technology Group plc (LON:ACSO) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 291.54 and traded as low as GBX 260. accesso Technology Group shares last traded at GBX 264, with a volume of 26,315 shares traded.

Wall Street Analyst Weigh In

Several equities analysts recently commented on ACSO shares. Shore Capital Group restated a “buy” rating on shares of accesso Technology Group in a research note on Tuesday, March 31st. Berenberg Bank reiterated a “buy” rating and issued a GBX 550 price objective on shares of accesso Technology Group in a research note on Monday, March 30th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of GBX 520.

accesso Technology Group Price Performance

The stock has a 50-day moving average of GBX 258.65 and a 200-day moving average of GBX 291.54. The company has a debt-to-equity ratio of 6.14, a current ratio of 1.91 and a quick ratio of 2.62. The firm has a market cap of £85.33 million, a price-to-earnings ratio of 9.78, a P/E/G ratio of 1.22 and a beta of 0.60.

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