Aquis Exchange (LON:AQX) Hits New 52-Week High at $479.50

Shares of Aquis Exchange PLC (LON:AQX) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 479.50 ($5.92) and last traded at GBX 475 ($5.87), with a volume of 67583 shares traded. The stock had previously closed at GBX 441 ($5.45).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reduced their target price on shares of Aquis Exchange from GBX 1,006 ($12.43) to GBX 967 ($11.94) and set a “buy” rating for the company in a research note on Thursday, March 21st.

Aquis Exchange Stock Performance

The firm has a market capitalization of £129.12 million, a PE ratio of 2,473.68 and a beta of 0.89. The company has a quick ratio of 3.46, a current ratio of 4.86 and a debt-to-equity ratio of 10.52. The business’s fifty day moving average price is GBX 381.04 and its 200 day moving average price is GBX 364.25.

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.