accesso Technology Group (LON:ACSO) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Shares of accesso Technology Group plc (LON:ACSO) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 334.34 and traded as low as GBX 241. accesso Technology Group shares last traded at GBX 247, with a volume of 65,969 shares changing hands.

Wall Street Analysts Forecast Growth

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

accesso Technology Group Trading Down 0.8%

The company has a market capitalization of £91.40 million, a P/E ratio of 9.99, a P/E/G ratio of 1.22 and a beta of 0.58. The company has a 50-day simple moving average of GBX 265.60 and a 200 day simple moving average of GBX 333.08. The company has a debt-to-equity ratio of 5.80, a quick ratio of 2.62 and a current ratio of 1.88.

Insider Transactions at accesso Technology Group

In related news, insider Matthew Boyle sold 10,834 shares of the company’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of GBX 265, for a total transaction of £28,710.10. Company insiders own 36.50% 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