Aquis Exchange (LON:AQX) Sets New 12-Month Low – Time to Sell?

Aquis Exchange PLC (LON:AQX)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 331 ($4.30) and last traded at GBX 331.80 ($4.31), with a volume of 30724 shares. The stock had previously closed at GBX 332 ($4.31).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 960 ($12.46) target price on shares of Aquis Exchange in a research note on Thursday, September 12th.

Aquis Exchange Trading Up 1.0 %

The stock’s fifty day moving average price is GBX 384.73 and its two-hundred day moving average price is GBX 436.59. The company has a market capitalization of £72.22 million, a PE ratio of 1,783.99 and a beta of 0.80. The company has a quick ratio of 3.46, a current ratio of 5.40 and a debt-to-equity ratio of 9.49.

About Aquis Exchange

Aquis Exchange PLC operates as a multilateral trading facility in Europe. The company operates through three segments: Aquis Exchange, Aquis Stock Exchange, and Aquis Technologies. The company offers a trading platform with a subscription-based pricing model based on electronic messaging traffic; data services to third party vendors; and access for clients to trade in stocks and ETFs across European markets, as well as licenses its exchange related technology to various international financial services clients across various asset classes.