Free Trial

accesso Technology Group (LON:ACSO) Stock Passes Below 200 Day Moving Average - Should You Sell?

accesso Technology Group logo with Computer and Technology background

Key Points

  • accesso Technology Group's share price has fallen below its 200-day moving average, marking a low of GBX 414 ($5.60) during trading.
  • Analysts have adjusted their price targets for the stock, with Deutsche Bank and Berenberg Bank both providing "buy" ratings but lowering their target prices.
  • The company has a market cap of £212.86 million and notable financial ratios including a current ratio of 1.80 and a debt-to-equity ratio of 11.53.
  • Want stock alerts on accesso Technology Group? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of accesso Technology Group plc (LON:ACSO - Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 471.76 ($6.35) and traded as low as GBX 414 ($5.57). accesso Technology Group shares last traded at GBX 416 ($5.60), with a volume of 34,985 shares.

Analyst Upgrades and Downgrades

ACSO has been the topic of a number of research reports. Shore Capital reiterated a "hold" rating on shares of accesso Technology Group in a research report on Thursday, August 7th. Berenberg Bank dropped their price target on shares of accesso Technology Group from GBX 775 to GBX 550 and set a "buy" rating for the company in a research note on Friday, July 11th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of accesso Technology Group from GBX 700 to GBX 575 and set a "buy" rating for the company in a research note on Friday, July 11th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of GBX 562.50.

View Our Latest Analysis on accesso Technology Group

accesso Technology Group Price Performance

The company has a debt-to-equity ratio of 11.53, a current ratio of 1.80 and a quick ratio of 2.62. The stock has a market cap of £205.88 million, a P/E ratio of 24.10, a P/E/G ratio of 1.22 and a beta of 1.41. The company's 50 day simple moving average is GBX 462.86 and its 200 day simple moving average is GBX 469.21.

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

See Also

Should You Invest $1,000 in accesso Technology Group Right Now?

Before you consider accesso Technology Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and accesso Technology Group wasn't on the list.

While accesso Technology Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The Market’s Next Big Winners? Start Here
5 High Short Interest Stocks to Buy Before November
HUGE Upside Ahead: The Fastest Growing ETFs in the Market

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines