Aquis Exchange (LON:AQX) Hits New 12-Month High – Here’s What Happened

Shares of Aquis Exchange PLC (LON:AQX) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 710 ($9.00) and last traded at GBX 701 ($8.89), with a volume of 17886 shares traded. The stock had previously closed at GBX 705 ($8.94).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 960 ($12.17) target price on shares of Aquis Exchange in a research note on Thursday, September 12th.

Aquis Exchange Price Performance

The business’s 50 day moving average price is GBX 433.10 and its 200-day moving average price is GBX 450.16. The firm has a market capitalization of £158.55 million, a PE ratio of 3,888.89 and a beta of 0.80. The company has a debt-to-equity ratio of 9.49, a quick ratio of 3.46 and a current ratio of 5.40.

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.