accesso Technology Group (LON:ACSO) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

accesso Technology Group plc (LON:ACSO) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 429.94 and traded as low as GBX 335. accesso Technology Group shares last traded at GBX 341, with a volume of 363,091 shares trading hands.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Peel Hunt reiterated an “add” rating and set a GBX 435 price target on shares of accesso Technology Group in a research report on Tuesday, November 25th. Shore Capital reiterated a “hold” rating on shares of accesso Technology Group in a report on Tuesday, September 9th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 550 target price on shares of accesso Technology Group in a research report on Tuesday, September 9th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 520.

accesso Technology Group Stock Performance

The company has a market capitalization of £128.16 million, a P/E ratio of 13.60, a price-to-earnings-growth ratio of 1.22 and a beta of 1.41. The company’s 50 day moving average is GBX 371.86 and its 200-day moving average is GBX 429.94. The company has a current ratio of 1.80, a quick ratio of 2.62 and a debt-to-equity ratio of 11.53.

Insider Buying and Selling at accesso Technology Group

In other accesso Technology Group news, insider Brian Nelson bought 50,000 shares of the stock in a transaction dated Friday, November 7th. The stock was purchased at an average cost of GBX 348 per share, for a total transaction of £174,000. Corporate insiders own 16.02% 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