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accesso Technology ( (GB:ACSO) ) just unveiled an announcement.
Accesso Technology Group PLC announced the purchase and subsequent cancellation of 11,041 of its Ordinary Shares as part of its ongoing share buyback programme. This transaction reduces the total number of shares in issue to 40,020,044, which impacts the company’s total voting rights and may affect shareholder calculations related to interest notifications under FCA rules.
The most recent analyst rating on (GB:ACSO) stock is a Buy with a £550.00 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 strategic corporate actions, such as share buybacks and board reinforcement, are significant positives. However, the stock’s current technical indicators suggest bearish momentum, and the valuation is relatively high without a dividend yield. These factors contribute to an overall stock score of 71.
To see Spark’s full report on GB:ACSO stock, click here.
More about accesso Technology
Accesso Technology Group PLC is a company operating in the technology sector, primarily focusing on providing solutions for ticketing, point-of-sale, and virtual queuing systems. The company serves various markets, including theme parks, entertainment venues, and cultural attractions.
Average Trading Volume: 73,031
Technical Sentiment Signal: Sell
Current Market Cap: £175.6M
Find detailed analytics on ACSO stock on TipRanks’ Stock Analysis page.