accesso Technology Group (LON:ACSO) Hits New 52-Week Low – Here’s Why

accesso Technology Group plc (LON:ACSO) shares hit a new 52-week low on Tuesday . The stock traded as low as GBX 231 and last traded at GBX 245, with a volume of 26574 shares trading hands. The stock had previously closed at GBX 245.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on ACSO shares. Berenberg Bank restated a “buy” rating and issued a GBX 550 target price on shares of accesso Technology Group in a research note on Monday, March 30th. Shore Capital Group restated a “buy” rating on shares of accesso Technology Group in a research note on Tuesday, March 31st. Finally, Peel Hunt restated an “add” rating and issued a GBX 435 target price on shares of accesso Technology Group in a research note on Monday, January 5th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, accesso Technology Group currently has an average rating of “Buy” and a consensus target price of GBX 520.

accesso Technology Group Stock Performance

The stock’s fifty day simple moving average is GBX 262 and its 200-day simple moving average is GBX 317.40. The firm has a market cap of £79.19 million, a PE ratio of 9.07, a PEG ratio of 1.22 and a beta of 0.58. The company has a debt-to-equity ratio of 5.80, a current ratio of 1.88 and a quick ratio of 2.62.

Insider Activity

In other accesso Technology Group news, insider Matthew Boyle sold 10,834 shares of the firm’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. Corporate insiders own 36.50% of the company’s stock.

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