ACG Acquisition (LON:ACG) Stock Crosses Below 200 Day Moving Average – Time to Sell?

ACG Acquisition Company Limited (LON:ACG)’s share price crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of GBX 1,723.68 and traded as low as GBX 1,686.02. ACG Acquisition shares last traded at GBX 1,720, with a volume of 2,148 shares changing hands.

Analysts Set New Price Targets

ACG has been the topic of several recent research reports. Berenberg Bank restated a “buy” rating and set a GBX 2,300 target price on shares of ACG Acquisition in a research report on Tuesday, November 3rd. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 2,295 price target on shares of ACG Acquisition in a report on Tuesday, November 3rd. Three investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat, ACG Acquisition has an average rating of “Buy” and a consensus price target of GBX 2,315.

ACG Acquisition Stock Performance

The company’s 50 day simple moving average is GBX 1,898.42 and its 200-day simple moving average is GBX 1,723.68. The firm has a market capitalization of £399.59 million and a PE ratio of -3.79.

ACG Acquisition (LON:ACG) last released its quarterly earnings results on Thursday, September 17th. The company reported GBX (1.70) EPS for the quarter. ACG Acquisition had a negative net margin of 68.97% and a negative return on equity of 381.58%.

About ACG Acquisition

ACG Metals is a company with a vision to build a global, high-margin, copper-focused producer with safe, efficient, and sustainable operations.
In September 2024, ACG successfully completed the acquisition of the Gediktepe Mine which is expected to transition to primary copper and zinc production from 2026 and will target annual steady-state copper equivalent production of 20-25 kt. Gediktepe produced 39.2koz of AuEq in 2025.
ACG’s team has extensive M&A experience built through decades spent at blue-chip multinationals in the sector.