Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
accesso Technology ( (GB:ACSO) ) has provided an announcement.
Accesso Technology Group PLC announced the purchase and cancellation of 13,000 of its Ordinary 1p Shares as part of its share buyback programme. This transaction reduces the total number of shares in issue to 39,381,842, impacting shareholder calculations under FCA rules and potentially strengthening the company’s market position by consolidating its share base.
The most recent analyst rating on (GB:ACSO) stock is a Buy with a £486.00 price target. To see the full list of analyst forecasts on accesso Technology stock, see the GB:ACSO Stock Forecast page.
Spark’s Take on GB:ACSO Stock
According to Spark, TipRanks’ AI Analyst, GB:ACSO is a Outperform.
Accesso Technology’s overall stock score is driven by strong financial performance and strategic growth initiatives highlighted in the earnings call. While technical analysis shows mixed signals, the company’s robust balance sheet and strategic focus on technology and acquisitions provide a solid foundation for future growth. Valuation remains moderate, with room for improvement in income generation.
To see Spark’s full report on GB:ACSO stock, click here.
More about accesso Technology
Accesso Technology Group PLC operates in the technology industry, primarily providing ticketing and virtual queuing solutions for attractions and venues. The company focuses on enhancing guest experiences and operational efficiency for its clients, which include theme parks, water parks, and cultural attractions.
Average Trading Volume: 107,754
Technical Sentiment Signal: Sell
Current Market Cap: £164.8M
Learn more about ACSO stock on TipRanks’ Stock Analysis page.