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An update from accesso Technology ( (GB:ACSO) ) is now available.
Accesso Technology Group PLC, a company involved in the technology sector, has announced the purchase and cancellation of 18,000 of its own ordinary shares as part of its ongoing share buyback program. This transaction, executed through Deutsche Numis, reduces the total number of shares in issue to 39,671,748, potentially impacting shareholder calculations under regulatory guidelines.
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
Average Trading Volume: 80,147
Technical Sentiment Signal: Sell
Current Market Cap: £166.1M
Learn more about ACSO stock on TipRanks’ Stock Analysis page.