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

accesso Technology Group plc (LON:ACSOGet Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 458.67 ($6.12) and traded as low as GBX 434 ($5.79). accesso Technology Group shares last traded at GBX 434 ($5.79), with a volume of 398,634 shares.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on ACSO shares. Deutsche Bank Aktiengesellschaft decreased their target price on shares of accesso Technology Group from GBX 700 to GBX 575 and set a “buy” rating on the stock in a report on Friday, July 11th. Shore Capital reaffirmed a “hold” rating on shares of accesso Technology Group in a report on Tuesday, September 9th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 550 target price on shares of accesso Technology Group in a report on Tuesday, September 9th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, accesso Technology Group currently has an average rating of “Moderate Buy” and a consensus target price of GBX 562.50.

Check Out Our Latest Stock Report on ACSO

accesso Technology Group Stock Down 0.5%

The stock’s fifty day moving average price is GBX 430.70 and its 200 day moving average price is GBX 458.67. The stock has a market cap of £168.44 million, a P/E ratio of 1,979.84, a price-to-earnings-growth ratio of 1.22 and a beta of 1.41. The company has a current ratio of 1.80, a quick ratio of 2.62 and a debt-to-equity ratio of 11.53.

accesso Technology Group Company Profile

(Get Free Report)

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

Further Reading

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