accesso Technology Group (LON:ACSO) Sets New 1-Year Low – Here’s What Happened

accesso Technology Group plc (LON:ACSO)’s share price hit a new 52-week low on Wednesday . The stock traded as low as GBX 330 and last traded at GBX 336, with a volume of 331345 shares changing hands. The stock had previously closed at GBX 339.

Wall Street Analyst Weigh In

Several research firms recently commented on ACSO. Shore Capital reiterated a “hold” rating on shares of accesso Technology Group in a research note on Tuesday, September 9th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 550 target price on shares of accesso Technology Group in a research report on Tuesday, September 9th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 562.50.

accesso Technology Group Trading Down 0.9%

The company has a market cap of £128.55 million, a price-to-earnings ratio of 13.64, a price-to-earnings-growth ratio of 1.22 and a beta of 1.41. The firm has a 50-day moving average price of GBX 400.26 and a 200 day moving average price of GBX 445.52. The company has a current ratio of 1.80, a quick ratio of 2.62 and a debt-to-equity ratio of 11.53.

Insiders Place Their Bets

In other accesso Technology Group news, insider Brian Nelson bought 50,000 shares of the company’s stock in a transaction on Friday, November 7th. The shares were bought at an average cost of GBX 348 per share, with a total value of £174,000. 16.02% of the stock is currently owned by 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