accesso Technology Group (LON:ACSO) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

accesso Technology Group plc (LON:ACSO)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 291.54 and traded as low as GBX 260. accesso Technology Group shares last traded at GBX 264, with a volume of 26,315 shares changing hands.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ACSO. Shore Capital Group reiterated a “buy” rating on shares of accesso Technology Group in a report on Tuesday, March 31st. Berenberg Bank reiterated a “buy” rating and issued a GBX 550 price target on shares of accesso Technology Group in a report on Monday, March 30th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, accesso Technology Group has a consensus rating of “Buy” and an average target price of GBX 520.

accesso Technology Group Trading Down 0.4%

The firm has a market cap of £85.17 million, a P/E ratio of 9.76, a PEG ratio of 1.22 and a beta of 0.60. The company has a quick ratio of 2.62, a current ratio of 1.91 and a debt-to-equity ratio of 6.14. The firm’s fifty day moving average is GBX 258.45 and its two-hundred day moving average is GBX 290.61.

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