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accesso Technology ( (GB:ACSO) ) has shared an update.
Accesso Technology Group PLC announced the repurchase of 17,000 of its Ordinary Shares at a price of 370.00 GBp each as part of its share buyback programme. The repurchased shares will be cancelled, reducing the total number of shares in issue to 39,274,409. This move is part of Accesso’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 £410.00 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 is driven by strong financial performance and strategic initiatives highlighted in the earnings call. However, technical indicators suggest bearish momentum, and valuation metrics are moderate. The absence of a dividend yield and current market challenges also weigh on 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, focusing on providing ticketing and virtual queuing solutions for attractions, venues, and events. The company is known for its innovative technology that enhances guest experiences and operational efficiency for its clients globally.
Average Trading Volume: 106,890
Technical Sentiment Signal: Sell
Current Market Cap: £141.7M
See more insights into ACSO stock on TipRanks’ Stock Analysis page.