Aquis Exchange (LON:AQX) Price Target Cut to GBX 960 by Analysts at Canaccord Genuity Group

Aquis Exchange (LON:AQX) had its price objective dropped by investment analysts at Canaccord Genuity Group from GBX 967 ($12.75) to GBX 960 ($12.66) in a research report issued to clients and investors on Wednesday, Digital Look reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s price target points to a potential upside of 138.21% from the company’s current price.

Aquis Exchange Stock Performance

Shares of AQX traded down GBX 74 ($0.98) during mid-day trading on Wednesday, hitting GBX 403 ($5.31). The stock had a trading volume of 75,775 shares, compared to its average volume of 27,487. Aquis Exchange has a fifty-two week low of GBX 305 ($4.02) and a fifty-two week high of GBX 500 ($6.59). 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 company has a market cap of £93.29 million, a PE ratio of 2,121.05 and a beta of 0.84. The company’s fifty day simple moving average is GBX 476.58 and its two-hundred day simple moving average is GBX 437.08.

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.