Aquis Exchange (LON:AQX) Reaches New 12-Month Low – Here’s Why

Shares of Aquis Exchange PLC (LON:AQX) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 303.40 ($3.93) and last traded at GBX 316 ($4.10), with a volume of 108919 shares traded. The stock had previously closed at GBX 309 ($4.01).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 960 ($12.45) price objective on shares of Aquis Exchange in a research note on Thursday, September 12th.

Aquis Exchange Price Performance

The company has a debt-to-equity ratio of 9.49, a current ratio of 5.40 and a quick ratio of 3.46. The stock has a 50 day moving average price of GBX 372.11 and a two-hundred day moving average price of GBX 435.03. The firm has a market capitalization of £73.66 million, a price-to-earnings ratio of 1,803.50 and a beta of 0.80.

About Aquis Exchange

Aquis Exchange PLC operates as a multilateral trading facility in Europe. The company operates through three segments: Aquis Exchange, Aquis Stock Exchange, and Aquis Technologies. The company offers a trading platform with a subscription-based pricing model based on electronic messaging traffic; data services to third party vendors; and access for clients to trade in stocks and ETFs across European markets, as well as licenses its exchange related technology to various international financial services clients across various asset classes.