Accesso Technology Executes Share Buyback, Reducing Share Count

An update from accesso Technology ( (GB:ACSO) ) is now available.

Accesso Technology Group PLC announced the purchase and cancellation of 14,048 of its Ordinary Shares as part of its ongoing share buyback programme. This transaction reduces the total number of shares in issue to 40,530,344, impacting the company’s voting rights and potentially influencing shareholder interest and market perception.

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 operates in the technology industry, focusing on providing ticketing, point-of-sale, and virtual queuing solutions primarily for the leisure, entertainment, and cultural sectors. The company aims to enhance guest experiences and streamline operations for its clients worldwide.

Average Trading Volume: 95,346

Technical Sentiment Signal: Sell

Current Market Cap: £202M

For detailed information about ACSO stock, go to TipRanks’ Stock Analysis page.