Aquis Exchange (LON:AQX) Hits New 52-Week High – What’s Next?

Aquis Exchange PLC (LON:AQX)’s share price hit a new 52-week high during trading on Monday . The company traded as high as GBX 710 ($9.02) and last traded at GBX 700 ($8.89), with a volume of 40963 shares traded. The stock had previously closed at GBX 705 ($8.96).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 960 ($12.20) target price on shares of Aquis Exchange in a research note on Thursday, September 12th.

Aquis Exchange Stock Performance

The company has a debt-to-equity ratio of 9.49, a quick ratio of 3.46 and a current ratio of 5.40. The company’s 50-day moving average price is GBX 459.40 and its 200-day moving average price is GBX 456.96. The firm has a market capitalization of £158.55 million, a PE ratio of 3,905.56 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.