accesso Technology Group (LON:ACSO) Stock Price Crosses Below 200-Day Moving Average - What's Next?

Key Points

• Price action: shares crossed below the 200-day moving average, last trading at GBX 258.50 versus the 200‑day MA of GBX 302.28 and touching a low of GBX 252 on volume of 19,896.
• Analyst sentiment: four analysts rate the stock a Buy with an average price target of GBX 520 (individual targets include GBX 550 and GBX 435), implying substantial upside from current levels.
• Fundamentals and insider activity: market cap £83.55m, P/E 9.57 and a high debt-to-equity of 6.14; insider Matthew Boyle sold 10,834 shares at GBX 265 and insiders own 36.50% of the stock.

accesso Technology Group plc (LON:ACSO - Get Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 302.28 and traded as low as GBX 252. accesso Technology Group shares last traded at GBX 258.50, with a volume of 19,896 shares.

Analysts Set New Price Targets

Several analysts recently commented on the company. Berenberg Bank reiterated a "buy" rating and issued a GBX 550 target price on shares of accesso Technology Group in a report on Monday, March 30th. Peel Hunt restated an "add" rating and set a GBX 435 price target on shares of accesso Technology Group in a report on Monday, January 5th. Finally, Shore Capital Group restated a "buy" rating on shares of accesso Technology Group in a research report on Tuesday, March 31st. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of "Buy" and an average price target of GBX 520.

accesso Technology Group Price Performance

The business has a 50-day moving average of GBX 259.91 and a 200 day moving average of GBX 302.28. The company has a current ratio of 1.91, a quick ratio of 2.62 and a debt-to-equity ratio of 6.14. The firm has a market capitalization of £83.55 million, a P/E ratio of 9.57, a price-to-earnings-growth ratio of 1.22 and a beta of 0.58.

Insider Activity at accesso Technology Group

In other news, insider Matthew Boyle sold 10,834 shares of the business's stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of GBX 265, for a total transaction of £28,710.10. 36.50% of the stock is currently owned by corporate insiders.

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

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