Aquis Exchange (LON:AQX) Stock Price Down 0.4% – Time to Sell?

Aquis Exchange PLC (LON:AQX) traded down 0.4% during trading on Wednesday . The company traded as low as GBX 695 ($8.70) and last traded at GBX 695 ($8.70). 2,541 shares changed hands during trading, a decline of 92% from the average session volume of 31,025 shares. The stock had previously closed at GBX 697.50 ($8.73).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 960 ($12.01) price objective on shares of Aquis Exchange in a research note on Thursday, September 12th.

Aquis Exchange Price Performance

The stock’s 50 day moving average price is GBX 602.35 and its two-hundred day moving average price is GBX 490.41. The company has a debt-to-equity ratio of 9.49, a current ratio of 5.40 and a quick ratio of 3.46. The firm has a market capitalization of £156.31 million, a price-to-earnings ratio of 3,861.11 and a beta of 0.80.

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.