accesso Technology Group (LON:ACSO) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

accesso Technology Group plc (LON:ACSO)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 284.36 and traded as low as GBX 265. accesso Technology Group shares last traded at GBX 265, with a volume of 15,536 shares trading hands.

Analysts Set New Price Targets

A number of analysts recently issued reports on ACSO shares. Berenberg Bank reiterated a “buy” rating and set a GBX 550 price objective on shares of accesso Technology Group in a research note on Monday, March 30th. Shore Capital Group reiterated a “buy” rating on shares of accesso Technology Group in a research note on Tuesday, March 31st. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 520.

accesso Technology Group Trading Down 0.9%

The firm has a market capitalization of £85.65 million, a P/E ratio of 9.81, a price-to-earnings-growth ratio of 1.22 and a beta of 0.61. The company has a quick ratio of 2.62, a current ratio of 1.91 and a debt-to-equity ratio of 6.14. The firm’s 50-day simple moving average is GBX 258.95 and its 200-day simple moving average is GBX 284.36.

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