accesso Technology Group (LON:ACSO) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

accesso Technology Group plc (LON:ACSO)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 292.58 and traded as high as GBX 323.76. accesso Technology Group shares last traded at GBX 321.20, with a volume of 18,950 shares.

Analysts Set New Price Targets

A number of equities analysts recently commented on ACSO shares. Shore Capital Group reaffirmed a “buy” rating on shares of accesso Technology Group in a report on Tuesday, March 31st. Berenberg Bank reissued a “buy” rating and set a GBX 550 price target on shares of accesso Technology Group in a report on Monday, March 30th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 520.

accesso Technology Group Price Performance

The firm has a market cap of £104.30 million, a PE ratio of 11.93, a P/E/G ratio of 1.22 and a beta of 0.59. The firm’s fifty day simple moving average is GBX 294.72 and its two-hundred day simple moving average is GBX 278.79. The company has a quick ratio of 2.62, a current ratio of 1.91 and a debt-to-equity ratio of 6.14.

Insider Activity at accesso Technology Group

In related news, insider Matthew Boyle sold 1,812 shares of accesso Technology Group stock in a transaction on Friday, June 26th. The shares were sold at an average price of GBX 319, for a total transaction of £5,780.28. 42.83% of the stock is owned by insiders.

About accesso Technology Group

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