TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
accesso Technology ( (GB:ACSO) ) has shared an announcement.
Accesso Technology Group PLC has executed a share buyback program, purchasing 33,000 of its ordinary shares through Deutsche Numis. The shares, bought at prices ranging from 331.00 to 335.00 GBp, will be cancelled, reducing the total number of shares in issue to 38,727,547. This move is likely to impact the company’s market positioning by potentially increasing shareholder value and altering voting rights.
The most recent analyst rating on (GB:ACSO) stock is a Hold with a £359.00 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 overall stock score reflects strong financial performance and strategic growth initiatives, particularly in new business and technology integration. However, bearish technical indicators and challenges in key revenue segments weigh on the score. The company’s reasonable valuation and strategic focus on diversification and AI provide a positive outlook, but current market momentum remains a concern.
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 leisure, entertainment, and cultural sectors.
Average Trading Volume: 134,587
Technical Sentiment Signal: Sell
Current Market Cap: £125.5M
See more data about ACSO stock on TipRanks’ Stock Analysis page.