Aquis Exchange (LON:AQX) Hits New 52-Week Low – Should You Sell?

Aquis Exchange PLC (LON:AQX) hit a new 52-week low on Tuesday . The company traded as low as GBX 303.40 ($3.93) and last traded at GBX 316 ($4.10), with a volume of 108919 shares. The stock had previously closed at GBX 309 ($4.01).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 960 ($12.45) target price on shares of Aquis Exchange in a research note on Thursday, September 12th.

Aquis Exchange Price Performance

The business has a 50 day moving average price of GBX 378.28 and a two-hundred day moving average price of GBX 436.30. The stock has a market cap of £71.07 million, a PE ratio of 1,753.33 and a beta of 0.80. The company has a debt-to-equity ratio of 9.49, a quick ratio of 3.46 and a current ratio of 5.40.

Aquis Exchange Company Profile

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.