accesso Technology Group (LON:ACSO) Stock Price Up 0.8% – Still a Buy?

accesso Technology Group plc (LON:ACSO)’s stock price was up 0.8% on Monday. The company traded as high as GBX 316 and last traded at GBX 314. 171,514 shares were traded during mid-day trading, an increase of 107% from the average session volume of 82,756 shares. The stock had previously closed at GBX 311.50.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on ACSO shares. Shore Capital Group restated a “house stock” rating on shares of accesso Technology Group in a research note on Tuesday, September 15th. Berenberg Bank reissued a “buy” rating and set a GBX 550 price objective on shares of accesso Technology Group in a report on Wednesday, September 16th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 575 target price on shares of accesso Technology Group in a report on Wednesday, September 16th. Three equities research analysts have rated the stock with a Buy rating. According to MarketBeat, accesso Technology Group currently has a consensus rating of “Buy” and a consensus price target of GBX 515.

accesso Technology Group Price Performance

The firm has a 50-day simple moving average of GBX 305.06 and a 200-day simple moving average of GBX 288.41. The firm has a market capitalization of £101.71 million, a PE ratio of 12.70, a PEG ratio of 1.22 and a beta of 0.57. The company has a debt-to-equity ratio of 15.34, a current ratio of 1.62 and a quick ratio of 2.62.

About accesso Technology Group

At accesso, we help the world’s leading attractions, venues and cultural institutions deliver exceptional guest experiences through technology. Our solutions span ticketing, point of sale, virtual queuing, distribution and experience management, helping clients streamline operations, increase revenue and harness the power of data to inform business and marketing decisions. Serving more than 1,100 clients across 31 countries, we combine deep industry expertise with continuous investment in innovation to help attractions adapt to changing consumer expectations and drive long-term growth.