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

accesso Technology Group plc (LON:ACSO) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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 trading hands.

Wall Street Analyst Weigh In

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

accesso Technology Group Price Performance

The company’s 50 day moving average price is GBX 294.90 and its 200 day moving average price is GBX 360.43. The company has a debt-to-equity ratio of 11.53, a quick ratio of 2.62 and a current ratio of 1.80. The company has a market cap of £100.32 million, a price-to-earnings ratio of 10.96, a P/E/G ratio of 1.22 and a beta of 1.41.

Insiders Place Their Bets

In other news, insider Matthew Boyle sold 10,834 shares of accesso Technology Group stock in a transaction that occurred 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 36.47% of the company’s stock.

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