accesso Technology Group (LON:ACSO) Shares Pass Below 200-Day Moving Average – Should You Sell?

accesso Technology Group plc (LON:ACSOGet Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 429.94 and traded as low as GBX 335. accesso Technology Group shares last traded at GBX 341, with a volume of 363,091 shares.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on ACSO shares. Peel Hunt restated an “add” rating and set a GBX 435 target price on shares of accesso Technology Group in a report on Tuesday, November 25th. Shore Capital reiterated a “hold” rating on shares of accesso Technology Group in a research report on Tuesday, September 9th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 550 price objective on shares of accesso Technology Group in a research note on Tuesday, September 9th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 520.

Read Our Latest Stock Report on ACSO

accesso Technology Group Trading Down 1.8%

The company has a quick ratio of 2.62, a current ratio of 1.80 and a debt-to-equity ratio of 11.53. The company has a market capitalization of £128.16 million, a PE ratio of 13.60, a price-to-earnings-growth ratio of 1.22 and a beta of 1.41. The stock’s fifty day moving average price is GBX 371.86 and its two-hundred day moving average price is GBX 429.94.

Insiders Place Their Bets

In other accesso Technology Group news, insider Brian Nelson bought 50,000 shares of accesso Technology Group stock in a transaction dated Friday, November 7th. The shares were purchased at an average cost of GBX 348 per share, with a total value of £174,000. Company insiders own 16.02% of the company’s stock.

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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