accesso Technology Group (LON:ACSO) Share Price Passes Below 200-Day Moving Average – Time to Sell?

accesso Technology Group plc (LON:ACSOGet Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 424.24 and traded as low as GBX 341. accesso Technology Group shares last traded at GBX 341, with a volume of 151,401 shares changing hands.

Wall Street Analyst Weigh In

ACSO has been the topic of a number of research analyst reports. Shore Capital reaffirmed a “hold” rating on shares of accesso Technology Group in a research note on Tuesday, September 9th. Peel Hunt restated an “add” rating and issued a GBX 435 price objective on shares of accesso Technology Group in a report on Tuesday, November 25th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 550 target price on shares of accesso Technology Group in a research note on Tuesday, September 9th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 520.

Get Our Latest Report on ACSO

accesso Technology Group Trading Down 1.4%

The company has a current ratio of 1.80, a quick ratio of 2.62 and a debt-to-equity ratio of 11.53. The company has a fifty day moving average price of GBX 362.20 and a two-hundred day moving average price of GBX 424.24. The firm has a market capitalization of £128.28 million, a price-to-earnings ratio of 13.84, a PEG ratio of 1.22 and a beta of 1.41.

Insiders Place Their Bets

In related news, insider Brian Nelson bought 50,000 shares of the company’s stock in a transaction on Friday, November 7th. The stock was bought at an average cost of GBX 348 per share, for a total transaction of £174,000. Company insiders own 35.99% of the company’s stock.

accesso Technology Group Company Profile

(Get Free Report)

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

Further Reading

Receive News & Ratings for accesso Technology Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for accesso Technology Group and related companies with MarketBeat.com's FREE daily email newsletter.