accesso Technology Group (LON:ACSO) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

accesso Technology Group plc (LON:ACSO)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 390.40 and traded as low as GBX 269.27. accesso Technology Group shares last traded at GBX 275, with a volume of 39,482 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Peel Hunt reissued an “add” rating and issued a GBX 435 price objective on shares of accesso Technology Group in a research report on Monday, January 5th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 520.

accesso Technology Group Trading Down 4.0%

The firm has a market capitalization of £98.24 million, a price-to-earnings ratio of 10.72, a PEG ratio of 1.22 and a beta of 1.41. The business’s 50-day moving average price is GBX 326.05 and its 200 day moving average price is GBX 387.53. The company has a debt-to-equity ratio of 11.53, a current ratio of 1.80 and a quick ratio of 2.62.

Insider Buying and Selling

In other news, insider Brian Nelson acquired 50,000 shares of the firm’s stock in a transaction on Friday, November 7th. The stock was bought at an average cost of GBX 348 per share, with a total value of £174,000. 35.99% of the stock is owned by corporate 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