accesso Technology Group (LON:ACSO) Shares Cross Below 200 Day Moving Average – Here’s What Happened

accesso Technology Group plc (LON:ACSO) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 464.46 ($6.29) and traded as low as GBX 428 ($5.80). accesso Technology Group shares last traded at GBX 428 ($5.80), with a volume of 52,658 shares changing hands.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ACSO. Shore Capital reissued a “hold” rating on shares of accesso Technology Group in a research report on Thursday, August 7th. Berenberg Bank cut their target price on accesso Technology Group from GBX 775 to GBX 550 and set a “buy” rating on the stock in a research report on Friday, July 11th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on accesso Technology Group from GBX 700 to GBX 575 and set a “buy” rating on the stock in a research report on Friday, July 11th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 562.50.

accesso Technology Group Trading Up 0.2%

The stock has a fifty day moving average of GBX 449 and a 200-day moving average of GBX 464.46. The company has a debt-to-equity ratio of 11.53, a quick ratio of 2.62 and a current ratio of 1.80. The company has a market cap of £168.41 million, a PE ratio of 1,961.50, a PEG ratio of 1.22 and a beta of 1.41.

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