Shore Capital reiterated their buy rating on shares of accesso Technology Group (LON:ACSO – Get Rating) in a report published on Monday morning, Marketbeat reports. Shares of ACSO opened at GBX 828 ($10.79) on Monday. The firm has a market capitalization of £341.69 million and a price-to-earnings ratio of 20.31. The company has a debt-to-equity […]
Accesso Technologies aim for rollercoaster highs after encouraging trading update
Accesso Technologies (LON:ACSO) is analysed by Proactive s Richard Jeans who discusses their AGM trading update this week which was very encouraging , they were able to say that they expect to comfortably exceed stated revenue guidance of not less than $83m. As a seasonal business with much revenues during the northern hemisphere summer months.
The firm did caution that there will be an increase in costs - that the need to increase staffing levels, onboard customers and manage certain other costs associated with capturing this additional opportunity may temper the profit impact of this revenue outperformance.