Accsys Technologies (LON:AXS) Trading Up 10.3% – What’s Next?

Accsys Technologies PLC (LON:AXS)’s stock price rose 10.3% on Tuesday . The stock traded as high as GBX 43 ($0.54) and last traded at GBX 43 ($0.54). Approximately 217,432 shares were traded during mid-day trading, an increase of 54% from the average daily volume of 140,744 shares. The stock had previously closed at GBX 39 ($0.49).

Accsys Technologies Price Performance

The company has a current ratio of 2.71, a quick ratio of 0.59 and a debt-to-equity ratio of 54.32. The firm’s fifty day moving average price is GBX 43.81 and its 200 day moving average price is GBX 47.62. The firm has a market capitalization of £123.97 million, a PE ratio of -6.86 and a beta of 1.32.

Insider Activity

In other Accsys Technologies news, insider Louis Eperjesi bought 21,000 shares of Accsys Technologies stock in a transaction dated Thursday, November 28th. The stock was acquired at an average cost of GBX 47 ($0.59) per share, for a total transaction of £9,870 ($12,455.83). Company insiders own 27.89% of the company’s stock.

Accsys Technologies Company Profile

Accsys is a fast growing business with a purpose.

We combine chemistry, technology and ingenuity to make high performance wood products that are extremely durable and stable, opening new opportunities for the built environment.

By doing so, we give the world a choice to build sustainably.

We use fast growing, sustainably sourced timber to create long life wood products with properties that can compete with traditional non-sustainable building materials, such as tropical hardwoods, metal, plastic and concrete.

Our acetylation process boosts the already naturally occurring acetyl content of wood and by doing so, reduces the ability of the wood to absorb water, rendering it more dimensionally stable and because it is no longer digestible, extremely durable.

Our process is extremely efficient and locks carbon into a long-life product.