Accesso Technology Sees Change in Major Shareholder Holdings

accesso Technology ( (GB:ACSO) ) just unveiled an announcement.

Accesso Technology Group PLC has announced a change in its major holdings, with Long Path Partners, LP increasing its voting rights from 16.045815% to 17.007522%. This acquisition of voting rights indicates a strengthened position for Long Path Partners within the company, potentially impacting Accesso’s strategic decisions and shareholder dynamics.

The most recent analyst rating on (GB:ACSO) stock is a Buy with a £8.00 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 receives a strong overall score due to its robust financial performance, evidenced by consistent revenue growth and solid balance sheet. Positive technical indicators and strategic corporate actions like share buybacks and acquisitions further enhance the stock’s attractiveness. Valuation remains fair with a decent P/E ratio, although the absence of a dividend yield is a minor drawback.

To see Spark’s full report on GB:ACSO stock, click here.

More about accesso Technology

Accesso Technology Group PLC is a UK-based company operating in the technology industry. It specializes in providing ticketing and virtual queuing solutions, primarily focusing on the entertainment, leisure, and cultural markets.

Average Trading Volume: 95,707

Technical Sentiment Signal: Sell

Current Market Cap: £199.8M

See more insights into ACSO stock on TipRanks’ Stock Analysis page.