accesso Technology Group (LON:ACSO) Trading Up 22% – Should You Buy?

accesso Technology Group plc (LON:ACSO) rose 22% during trading on Friday . The company traded as high as GBX 333.69 and last traded at GBX 319. Approximately 605,860 shares traded hands during trading, an increase of 483% from the average daily volume of 103,954 shares. The stock had previously closed at GBX 261.50.

Analyst Upgrades and Downgrades

ACSO has been the topic of several recent analyst reports. Shore Capital Group reaffirmed a “buy” rating on shares of accesso Technology Group in a report on Tuesday, March 31st. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 550 price target on shares of accesso Technology Group in a report on Monday, March 30th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of GBX 520.

accesso Technology Group Stock Performance

The company has a current ratio of 1.91, a quick ratio of 2.62 and a debt-to-equity ratio of 6.14. The company has a market cap of £103.11 million, a P/E ratio of 11.81, a price-to-earnings-growth ratio of 1.22 and a beta of 0.61. The company’s 50-day moving average price is GBX 260.24 and its two-hundred day moving average price is GBX 281.86.

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