Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
accesso Technology ( (GB:ACSO) ) has shared an announcement.
Accesso Technology Group PLC, a company known for its technology solutions, announced the purchase and cancellation of 12,000 of its Ordinary Shares as part of its ongoing share buyback programme. This transaction, executed through Deutsche Numis, aims to reduce the total number of shares in circulation, thereby potentially increasing the value of remaining shares and affecting shareholder voting rights.
The most recent analyst rating on (GB:ACSO) stock is a Buy with a £7.00 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 strong financial performance and positive corporate events significantly boost its stock score. However, mixed technical indicators and a moderate valuation score due to the lack of dividend yield and high P/E ratio temper the overall enthusiasm. The company’s strategic initiatives and share buyback program reflect confidence in its future prospects.
To see Spark’s full report on GB:ACSO stock, click here.
More about accesso Technology
Average Trading Volume: 86,747
Technical Sentiment Signal: Sell
Current Market Cap: £192.1M
See more data about ACSO stock on TipRanks’ Stock Analysis page.