Accesso Technology Group (ACSO) Receives Buy Rating from Peel Hunt

Peel Hunt reissued their buy rating on shares of Accesso Technology Group (LON:ACSO) in a research report report published on Thursday, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts also recently commented on the company. Numis Securities raised Accesso Technology Group to a buy rating in a report on Thursday. Berenberg Bank reduced their target price on Accesso Technology Group from GBX 3,000 ($39.20) to GBX 1,400 ($18.29) and set a buy rating for the company in a report on Thursday, March 28th. Finally, Canaccord Genuity raised Accesso Technology Group to a buy rating and reduced their target price for the company from GBX 3,000 ($39.20) to GBX 1,400 ($18.29) in a report on Thursday, March 28th.

Accesso Technology Group stock opened at GBX 800 ($10.45) on Thursday. Accesso Technology Group has a one year low of GBX 700 ($9.15) and a one year high of GBX 3,000 ($39.20). The company has a debt-to-equity ratio of 11.15, a current ratio of 1.23 and a quick ratio of 1.13. The firm has a market capitalization of $220.26 million and a price-to-earnings ratio of 68.38.

In other news, insider Bill Russell purchased 10,000 shares of the company’s stock in a transaction dated Monday, April 1st. The stock was acquired at an average price of GBX 863 ($11.28) per share, for a total transaction of £86,300 ($112,766.24). Also, insider Royce Paul Noland purchased 6,000 shares of the company’s stock in a transaction dated Thursday, April 4th. The stock was purchased at an average price of GBX 980 ($12.81) per share, with a total value of £58,800 ($76,832.61). In the last three months, insiders acquired 27,835 shares of company stock valued at $24,510,575.

About Accesso Technology Group

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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