Stocks to Watch: Accesso Technology Group (LON:ACSO) Shares Up 2%

Accesso Technology Group PLC (LON:ACSO)’s share price shot up 2% on Monday . The company traded as high as GBX 760 ($9.93) and last traded at GBX 750 ($9.80), 19,727 shares were traded during mid-day trading. A decline of 37% from the average session volume of 31,101 shares. The stock had previously closed at GBX 735 ($9.60).

Several equities analysts have recently issued reports on the company. Canaccord Genuity reissued an “average” rating and set a $18.00 target price on shares of in a research note on Wednesday, May 22nd. Berenberg Bank reduced their price target on Accesso Technology Group from GBX 3,000 ($39.20) to GBX 1,400 ($18.29) and set a “buy” rating on the stock in a research note on Thursday, March 28th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 783 ($10.23) price target on shares of Ricardo in a research note on Monday, July 1st. Finally, Numis Securities reaffirmed a “buy” rating on shares of 3i Group in a research note on Thursday, May 16th.

The company has a quick ratio of 1.13, a current ratio of 1.23 and a debt-to-equity ratio of 11.15. The company has a market cap of $205.72 million and a PE ratio of 64.10. The firm has a 50-day moving average of GBX 703.92.

Accesso Technology Group Company Profile (LON:ACSO)
accesso Technology Group plc, together with its subsidiaries, develops technology solutions for the attractions and leisure industry in the United Kingdom, other European countries, Australia, the South Pacific, the United States, Canada, and Central and South America. It offers queuing and ticketing solutions for various paid admission operations ranging from theme parks, water parks, zoos, and ski resorts to cultural attractions and sporting events.

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