Accesso Technology Group (ACSO) Upgraded by Numis Securities to “Buy”

Accesso Technology Group (LON:ACSO) was upgraded by equities research analysts at Numis Securities to a “buy” rating in a report released on Thursday, ThisIsMoney.Co.Uk reports.

Several other research firms have also recently issued reports on ACSO. Berenberg Bank decreased their target price on shares of Accesso Technology Group from GBX 3,000 ($39.20) to GBX 1,400 ($18.29) and set a “buy” rating for the company in a research note on Thursday, March 28th. Peel Hunt restated a “buy” rating and set a GBX 1,145 ($14.96) price objective on shares of Accesso Technology Group in a research report on Thursday, May 2nd. Finally, Canaccord Genuity upgraded shares of Accesso Technology Group to a “buy” rating and reduced their price objective for the stock from GBX 3,000 ($39.20) to GBX 1,400 ($18.29) in a research report on Thursday, March 28th.

ACSO stock opened at GBX 800.80 ($10.46) on Thursday. The firm has a market capitalization of $216.18 million and a PE ratio of 68.44. The company has a current ratio of 1.23, a quick ratio of 1.13 and a debt-to-equity ratio of 11.15. Accesso Technology Group has a 12 month low of GBX 700 ($9.15) and a 12 month high of GBX 3,000 ($39.20).

In other Accesso Technology Group news, insider Karen Slatford bought 11,835 shares of Accesso Technology Group stock in a transaction dated Friday, March 29th. The stock was acquired at an average cost of GBX 845 ($11.04) per share, for a total transaction of £100,005.75 ($130,675.23). Also, insider Royce Paul Noland bought 6,000 shares of Accesso Technology Group stock in a transaction dated Thursday, April 4th. The stock was acquired at an average price of GBX 980 ($12.81) per share, with a total value of £58,800 ($76,832.61). Insiders have acquired 27,835 shares of company stock valued at $24,510,575 over the last 90 days.

About Accesso Technology Group

accesso Technology Group plc, together with its subsidiaries, develops technology solutions for the attractions and leisure industry in the United Kingdom, other European countries, Australia, the South Pacific, the United States, Canada, and Central and South America. It offers queuing and ticketing solutions for various paid admission operations ranging from theme parks, water parks, zoos, and ski resorts to cultural attractions and sporting events.

Further Reading: Calculating net profit and net profit margin ratio

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