Aquis Exchange (LON:AQX) Hits New 1-Year High – Time to Buy?

Aquis Exchange PLC (LON:AQX) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 710 ($9.07) and last traded at GBX 700 ($8.94), with a volume of 50502 shares trading hands. The stock had previously closed at GBX 700 ($8.94).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 960 ($12.27) price objective on shares of Aquis Exchange in a report on Thursday, September 12th.

Aquis Exchange Stock Performance

The company’s 50-day simple moving average is GBX 492.45 and its 200 day simple moving average is GBX 465.30. The stock has a market cap of £157.43 million, a P/E ratio of 3,888.89 and a beta of 0.80. The company has a current ratio of 5.40, a quick ratio of 3.46 and a debt-to-equity ratio of 9.49.

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.