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

Shares of accesso Technology Group plc (LON:ACSO) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 302.28 and traded as low as GBX 252. accesso Technology Group shares last traded at GBX 258.50, with a volume of 19,896 shares trading hands.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on ACSO shares. Shore Capital Group restated a “buy” rating on shares of accesso Technology Group in a report on Tuesday, March 31st. Peel Hunt reissued an “add” rating and set a GBX 435 target price on shares of accesso Technology Group in a research report on Monday, January 5th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 550 target price on shares of accesso Technology Group in a research report on Monday, March 30th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 520.

accesso Technology Group Stock Down 2.3%

The company has a debt-to-equity ratio of 6.14, a current ratio of 1.91 and a quick ratio of 2.62. The stock has a fifty day moving average price of GBX 259.91 and a two-hundred day moving average price of GBX 302.28. The company has a market cap of £83.55 million, a P/E ratio of 9.57, a price-to-earnings-growth ratio of 1.22 and a beta of 0.58.

Insider Transactions at accesso Technology Group

In related news, insider Matthew Boyle sold 10,834 shares of the 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. Company insiders own 36.50% of the company’s stock.

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