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

accesso Technology Group logo with Computer and Technology background

Key Points

  • accesso Technology Group shares fell below their 200-day moving average, trading at GBX 414 ($5.60) with a low of GBX 405 ($5.48) during recent trading.
  • Analysts have revised their price targets for accesso Technology Group, with Deutsche Bank reducing it to GBX 575 and Berenberg Bank to GBX 550, both maintaining a buy rating.
  • The company's current financial metrics reveal a debt-to-equity ratio of 11.53 and a market capitalization of approximately £206.38 million, indicating its financial health amidst recent stock movements.
  • Five stocks to consider instead of accesso Technology Group.

accesso Technology Group plc (LON:ACSO - Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 468 ($6.32) and traded as low as GBX 405 ($5.47). accesso Technology Group shares last traded at GBX 414 ($5.59), with a volume of 21,828 shares trading hands.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Berenberg Bank dropped their price objective on accesso Technology Group from GBX 775 to GBX 550 and set a "buy" rating on the stock in a research note on Friday, July 11th. Deutsche Bank Aktiengesellschaft reduced their target price on accesso Technology Group from GBX 700 to GBX 575 and set a "buy" rating on the stock in a report on Friday, July 11th. Finally, Shore Capital restated a "hold" rating on shares of accesso Technology Group in a research report on Thursday, August 7th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 562.50.

Get Our Latest Stock Analysis on ACSO

accesso Technology Group Stock Performance

The company has a market cap of £209.37 million, a PE ratio of 24.51, a PEG ratio of 1.22 and a beta of 1.41. The company has a quick ratio of 2.62, a current ratio of 1.80 and a debt-to-equity ratio of 11.53. The company has a 50-day moving average of GBX 453.86 and a 200-day moving average of GBX 466.31.

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

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