accesso Technology Group (LON:ACSO) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

accesso Technology Group plc (LON:ACSO) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 346.18 and traded as low as GBX 268. accesso Technology Group shares last traded at GBX 268, with a volume of 43,764 shares.

Wall Street Analyst Weigh In

ACSO has been the topic of several recent research reports. Peel Hunt restated an “add” rating and set a GBX 435 price target on shares of accesso Technology Group in a research report on Monday, January 5th. Shore Capital Group upgraded accesso Technology Group to a “buy” rating in a research report on Thursday, January 29th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 520.

accesso Technology Group Trading Up 3.4%

The stock’s fifty day simple moving average is GBX 278.49 and its two-hundred day simple moving average is GBX 346.18. The firm has a market cap of £102.94 million, a PE ratio of 11.25, a PEG ratio of 1.22 and a beta of 1.41. The company has a quick ratio of 2.62, a current ratio of 1.88 and a debt-to-equity ratio of 5.80.

Insider Buying and Selling at accesso Technology Group

In other news, insider Matthew Boyle sold 10,834 shares of the business’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of GBX 265, for a total value of £28,710.10. 36.47% of the stock is owned by company insiders.

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