accesso Technology Group (LON:ACSO) Trading Up 22% – Should You Buy?

accesso Technology Group plc (LON:ACSO)’s share price shot up 22% during mid-day trading on Friday . The stock traded as high as GBX 333.69 and last traded at GBX 319. 605,860 shares traded hands during trading, an increase of 483% from the average session volume of 103,954 shares. The stock had previously closed at GBX 261.50.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Shore Capital Group reaffirmed a “buy” rating on shares of accesso Technology Group in a report on Tuesday, March 31st. Berenberg Bank restated a “buy” rating and issued a GBX 550 price objective on shares of accesso Technology Group in a report on Monday, March 30th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 520.

accesso Technology Group Trading Up 22.0%

The firm has a market cap of £103.11 million, a PE ratio of 11.81, a P/E/G ratio of 1.22 and a beta of 0.61. The company’s fifty day moving average price is GBX 260.24 and its two-hundred day moving average price is GBX 281.86. The company has a quick ratio of 2.62, a current ratio of 1.91 and a debt-to-equity ratio of 6.14.

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