Aquis Exchange (LON:AQX) Sets New 52-Week High – Time to Buy?

Aquis Exchange PLC (LON:AQX)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 710 ($8.96) and last traded at GBX 700 ($8.84), with a volume of 50502 shares traded. The stock had previously closed at GBX 700 ($8.84).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 960 ($12.12) target price on shares of Aquis Exchange in a report on Thursday, September 12th.

Aquis Exchange Stock Performance

The company has a current ratio of 5.40, a quick ratio of 3.46 and a debt-to-equity ratio of 9.49. The firm has a market capitalization of £157.43 million, a PE ratio of 3,888.89 and a beta of 0.80. The stock’s 50 day moving average price is GBX 505.73 and its two-hundred day moving average price is GBX 468.57.

About Aquis Exchange

Aquis Exchange PLC operates as a multilateral trading facility in Europe. The company operates through three segments: Aquis Exchange, Aquis Stock Exchange, and Aquis Technologies. The company offers a trading platform with a subscription-based pricing model based on electronic messaging traffic; data services to third party vendors; and access for clients to trade in stocks and ETFs across European markets, as well as licenses its exchange related technology to various international financial services clients across various asset classes.