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The latest announcement is out from accesso Technology ( (GB:ACSO) ).
Accesso Technology Group PLC announced the repurchase of 3,468 of its Ordinary Shares as part of its ongoing share buyback programme. The shares were purchased at prices ranging from 355.00 GBp to 358.00 GBp and will be cancelled, reducing the total number of shares in issue to 39,114,941. This move is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:ACSO) stock is a Hold with a £410.00 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 Neutral.
Accesso Technology’s overall stock score is driven by strong financial performance and strategic initiatives highlighted in the earnings call. However, technical indicators suggest bearish momentum, and valuation metrics are moderate. The absence of a dividend yield and current market challenges also weigh on the score.
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, providing ticketing and virtual queuing solutions primarily for the leisure, entertainment, and cultural markets. The company focuses on enhancing guest experiences and operational efficiency for attractions and venues worldwide.
Average Trading Volume: 105,839
Technical Sentiment Signal: Sell
Current Market Cap: £135.4M
For a thorough assessment of ACSO stock, go to TipRanks’ Stock Analysis page.