accesso Technology Group (LON:ACSO) Stock Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Shares of accesso Technology Group plc (LON:ACSO) crossed 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 traded.

Analysts Set New Price Targets

Several brokerages recently commented on ACSO. Shore Capital Group reaffirmed a “buy” rating on shares of accesso Technology Group in a research report on Tuesday, March 31st. Berenberg Bank reaffirmed a “buy” rating and set a GBX 550 price target on shares of accesso Technology Group in a research report on Monday, March 30th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 520.

accesso Technology Group Stock Down 0.9%

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

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