accesso Technology Group (LON:ACSO) Shares Pass Below 200 Day Moving Average – What’s Next?

accesso Technology Group plc (LON:ACSO)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 340.67 and traded as low as GBX 264. accesso Technology Group shares last traded at GBX 274, with a volume of 101,692 shares traded.

Analyst Ratings Changes

Several equities analysts recently weighed in on ACSO shares. Shore Capital Group raised accesso Technology Group to a “buy” rating in a research note on Thursday, January 29th. Peel Hunt reiterated an “add” rating and set a GBX 435 target price on shares of accesso Technology Group in a research report on Monday, January 5th. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, accesso Technology Group presently has a consensus rating of “Buy” and an average target price of GBX 520.

accesso Technology Group Price Performance

The company has a debt-to-equity ratio of 5.80, a quick ratio of 2.62 and a current ratio of 1.88. The stock has a market capitalization of £101.80 million, a PE ratio of 11.12, a P/E/G ratio of 1.22 and a beta of 0.58. The company’s fifty day simple moving average is GBX 271.24 and its two-hundred day simple moving average is GBX 340.67.

Insider Activity at accesso Technology Group

In other news, insider Matthew Boyle sold 10,834 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of GBX 265, for a total value of £28,710.10. 36.50% of the stock is owned by corporate insiders.

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