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

accesso Technology Group plc (LON:ACSO)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 299 and traded as high as GBX 326. accesso Technology Group shares last traded at GBX 326, with a volume of 39,688 shares changing hands.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Berenberg Bank reaffirmed a “buy” rating and set a GBX 550 price target on shares of accesso Technology Group in a research note on Monday, March 30th. Shore Capital Group reissued a “buy” rating on shares of accesso Technology Group in a research note on Tuesday, March 31st. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 492.50.

accesso Technology Group Stock Performance

The company has a market capitalization of £105.60 million, a PE ratio of 12.07, a P/E/G ratio of 1.22 and a beta of 0.59. The company has a debt-to-equity ratio of 6.14, a quick ratio of 2.62 and a current ratio of 1.91. The business has a fifty day moving average price of GBX 299 and a 200 day moving average price of GBX 278.07.

Insider Transactions at accesso Technology Group

In related news, insider Matthew Boyle sold 1,812 shares of the stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of GBX 319, for a total transaction of £5,780.28. Company insiders own 42.83% 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