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accesso Technology ( (GB:ACSO) ) has provided an update.
Accesso Technology Group PLC has executed a share buyback program, purchasing 11,514 of its ordinary shares at prices ranging from 426.00 GBp to 430.00 GBp. This move, which results in the cancellation of the purchased shares, reduces the total number of shares in issue to 39,394,842, potentially impacting shareholder calculations under FCA rules and reflecting the company’s strategic financial management.
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 worldwide. The company is known for its innovative technology that enhances guest experiences and operational efficiency for its clients.
Average Trading Volume: 108,150
Technical Sentiment Signal: Sell
Current Market Cap: £163.7M
See more insights into ACSO stock on TipRanks’ Stock Analysis page.