accesso Technology Group (LON:ACSO) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

accesso Technology Group plc (LON:ACSO)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 361.02 and traded as low as GBX 262.99. accesso Technology Group shares last traded at GBX 270, with a volume of 66,530 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on ACSO. Shore Capital Group upgraded shares of accesso Technology Group to a “buy” rating in a report on Thursday, January 29th. Peel Hunt restated an “add” rating and set a GBX 435 price target on shares of accesso Technology Group in a research note on Monday, January 5th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of GBX 520.

accesso Technology Group Stock Performance

The firm’s 50-day moving average price is GBX 294.90 and its two-hundred day moving average price is GBX 361.02. The firm has a market capitalization of £100.32 million, a price-to-earnings ratio of 10.96, a price-to-earnings-growth ratio of 1.22 and a beta of 1.41. The company has a debt-to-equity ratio of 11.53, a quick ratio of 2.62 and a current ratio of 1.80.

Insider Activity

In other news, insider Matthew Boyle sold 10,834 shares of the business’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of GBX 265, for a total value of £28,710.10. 36.47% of the stock is owned by company insiders.

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