Canaccord Genuity Group Reiterates “Buy” Rating for Aquis Exchange (LON:AQX)

Aquis Exchange (LON:AQX)‘s stock had its “buy” rating reissued by analysts at Canaccord Genuity Group in a research report issued on Thursday, Marketbeat.com reports. They presently have a GBX 960 ($12.55) price target on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 159.46% from the stock’s current price.

Aquis Exchange Stock Performance

Aquis Exchange stock opened at GBX 370 ($4.84) on Thursday. The firm’s fifty day moving average price is GBX 455.09 and its 200-day moving average price is GBX 438.54. 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 stock has a market cap of £85.66 million, a P/E ratio of 1,947.37 and a beta of 0.80. Aquis Exchange has a fifty-two week low of GBX 305 ($3.99) and a fifty-two week high of GBX 500 ($6.54).

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.