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.
The latest update is out from accesso Technology ( (GB:ACSO) ).
Accesso Technology Group PLC announced the repurchase of 18,237 of its Ordinary Shares as part of its ongoing share buyback program. The shares were bought at prices ranging from 407.00 GBp to 423.00 GBp and will be cancelled, reducing the total number of shares in issue to 39,733,242. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:ACSO) stock is a Hold with a £444.00 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 strong financial performance and strategic corporate actions, such as share buybacks and partnership extensions, are positive indicators. However, the bearish technical indicators and moderate valuation suggest caution. The absence of a dividend yield may also deter some investors.
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 solutions primarily focused on ticketing, point-of-sale, and virtual queuing systems for the entertainment, leisure, and cultural markets.
Average Trading Volume: 80,318
Technical Sentiment Signal: Sell
Current Market Cap: £165.1M
Learn more about ACSO stock on TipRanks’ Stock Analysis page.