ACG Acquisition (LON:ACG) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

ACG Acquisition Company Limited (LON:ACG)’s stock price passed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of GBX 1,711 and traded as low as GBX 1,700. ACG Acquisition shares last traded at GBX 1,700, with a volume of 2,138 shares trading hands.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Berenberg Bank boosted their target price on shares of ACG Acquisition from GBX 2,300 to GBX 2,400 and gave the company a “buy” rating in a research note on Monday. Canaccord Genuity Group dropped their target price on shares of ACG Acquisition from GBX 2,370 to GBX 2,295 and set a “buy” rating for the company in a research report on Thursday, September 17th. Three analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of GBX 2,348.33.

ACG Acquisition Price Performance

The stock has a 50 day moving average price of GBX 1,939.80 and a two-hundred day moving average price of GBX 1,714.91. The company has a market capitalization of £358.75 million and a price-to-earnings ratio of -3.41.

ACG Acquisition (LON:ACG) last issued its quarterly earnings results on Thursday, September 17th. The company reported GBX (1.70) earnings per share for the quarter. ACG Acquisition had a negative net margin of 68.97% and a negative return on equity of 381.58%.

ACG Acquisition Company Profile

ACG Metals is a company with a vision to build a global, high-margin, copper-focused producer with safe, efficient, and sustainable operations.
In September 2024, ACG successfully completed the acquisition of the Gediktepe Mine which is expected to transition to primary copper and zinc production from 2026 and will target annual steady-state copper equivalent production of 20-25 kt. Gediktepe produced 39.2koz of AuEq in 2025.
ACG’s team has extensive M&A experience built through decades spent at blue-chip multinationals in the sector.