Aquis Exchange (LON:AQX) Shares Down 1.1%

Aquis Exchange PLC (LON:AQX)’s share price traded down 1.1% on Thursday . The stock traded as low as GBX 460 ($5.78) and last traded at GBX 460 ($5.78). 1,318 shares changed hands during trading, a decline of 94% from the average session volume of 23,807 shares. The stock had previously closed at GBX 465 ($5.84).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group cut their price target on Aquis Exchange from GBX 1,006 ($12.64) to GBX 967 ($12.15) and set a “buy” rating for the company in a report on Thursday, March 21st.

Aquis Exchange Stock Down 1.1 %

The company has a debt-to-equity ratio of 10.52, a quick ratio of 3.46 and a current ratio of 4.86. The business has a 50 day simple moving average of GBX 412.35 and a 200-day simple moving average of GBX 377.65. The firm has a market capitalization of £126.64 million, a price-to-earnings ratio of 2,421.05 and a beta of 0.89.

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.