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The latest announcement is out from accesso Technology ( (GB:ACSO) ).
Accesso Technology Group PLC has executed a share buyback program, purchasing 10,695 of its Ordinary 1p Shares at prices ranging from 437.00 to 440.00 GBp. This transaction, conducted through Deutsche Numis, will result in the cancellation of the purchased shares, reducing the total number of shares in issue to 39,568,685. This move is part of the company’s ongoing efforts to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:ACSO) stock is a Buy with a £484.00 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 reflects strong financial performance and strategic growth initiatives, which are slightly offset by technical indicators suggesting potential short-term volatility. The company’s moderate valuation and strategic focus on technology and acquisitions provide a balanced outlook, despite some operational challenges.
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, focusing on providing ticketing, point-of-sale, and virtual queuing solutions primarily for the leisure, entertainment, and cultural markets.
Average Trading Volume: 79,878
Technical Sentiment Signal: Sell
Current Market Cap: £170.2M
See more insights into ACSO stock on TipRanks’ Stock Analysis page.