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accesso Technology ( (GB:ACSO) ) just unveiled an announcement.
Accesso Technology Group PLC has executed a share buyback, purchasing 14,000 of its own ordinary shares at prices ranging from 419.00 to 426.00 GBp per share. This move is part of its ongoing share buyback program, and the purchased shares will be canceled, reducing the total number of shares in circulation to 39,417,113. This action is likely to impact the company’s stock value and shareholder equity, as it reduces the number of shares available in the market, potentially increasing the value of remaining shares.
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, focusing on providing ticketing, point-of-sale, and virtual queuing solutions for attractions and venues globally. The company is known for its innovative technology products that enhance guest experiences and streamline operations for its clients.
Average Trading Volume: 108,265
Technical Sentiment Signal: Sell
Current Market Cap: £161.5M
See more insights into ACSO stock on TipRanks’ Stock Analysis page.