tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Accesso Technology Executes Share Buyback, Reduces Shares in Issue

Story Highlights
Accesso Technology Executes Share Buyback, Reduces Shares in Issue

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.

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

Accesso Technology Group PLC announced the purchase and cancellation of 12,437 of its ordinary shares as part of its ongoing share buyback program. This transaction reduces the total number of shares in issue to 39,622,943, which may impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:ACSO) stock is a Buy with a £474.00 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 is the most significant factor, supported by consistent revenue growth and a robust balance sheet. However, the technical analysis indicates a bearish trend, which weighs down the overall score. The valuation is moderate, with a reasonable P/E ratio but no dividend yield. The absence of earnings call and corporate events data did not affect 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, specializing in providing ticketing, point-of-sale, and virtual queuing solutions primarily for the leisure, entertainment, and cultural markets.

Average Trading Volume: 82,895

Technical Sentiment Signal: Sell

Current Market Cap: £166.2M

Find detailed analytics on ACSO stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1