Accsys Technologies (LON:AXS) Trading Down 9.8% – Should You Sell?

Accsys Technologies PLC (LON:AXS)’s stock price was down 9.8% on Thursday . The company traded as low as GBX 39 ($0.48) and last traded at GBX 39.70 ($0.49). Approximately 1,675,753 shares were traded during trading, an increase of 1,125% from the average daily volume of 136,808 shares. The stock had previously closed at GBX 44 ($0.55).

Accsys Technologies Trading Up 3.6 %

The business has a fifty day moving average of GBX 45.50 and a 200-day moving average of GBX 48.83. The company has a debt-to-equity ratio of 54.32, a quick ratio of 0.59 and a current ratio of 2.71. The company has a market capitalization of £97.29 million, a P/E ratio of -578.57 and a beta of 1.32.

Insider Buying and Selling at Accsys Technologies

In other news, insider Louis Eperjesi acquired 21,000 shares of the business’s stock in a transaction on Thursday, November 28th. The shares were purchased at an average cost of GBX 47 ($0.58) per share, with a total value of £9,870 ($12,244.14). 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.