Aquis Exchange (LON:AQX) Sets New 12-Month High – Time to Buy?

Shares of Aquis Exchange PLC (LON:AQX) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 710 ($8.92) and last traded at GBX 701 ($8.80), with a volume of 17886 shares traded. The stock had previously closed at GBX 705 ($8.85).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 960 ($12.06) price target on shares of Aquis Exchange in a research note on Thursday, September 12th.

Aquis Exchange Stock Performance

The firm has a 50-day moving average price of GBX 426.54 and a 200 day moving average price of GBX 448.49. The company has a quick ratio of 3.46, a current ratio of 5.40 and a debt-to-equity ratio of 9.49. The firm has a market capitalization of £157.65 million, a PE ratio of 3,888.89 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.