Accsys Technologies (LON:AXS) Stock Price Passes Below Two Hundred Day Moving Average - What's Next?

Accsys Technologies PLC (LON:AXS - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 49.94 ($0.61) and traded as low as GBX 44.78 ($0.54). Accsys Technologies shares last traded at GBX 45.14 ($0.55), with a volume of 80,828 shares.

Accsys Technologies Price Performance

The business has a 50 day simple moving average of GBX 46.15 and a two-hundred day simple moving average of GBX 49.88. The firm has a market capitalization of £106.90 million, a P/E ratio of -635.71 and a beta of 1.32. The company has a debt-to-equity ratio of 54.32, a quick ratio of 0.59 and a current ratio of 2.71.

Insider Buying and Selling

In related news, insider Louis Eperjesi acquired 21,000 shares of the company's stock in a transaction dated Thursday, November 28th. The stock was bought at an average cost of GBX 47 ($0.57) per share, with a total value of £9,870 ($12,008.76). 27.89% of the stock is owned by company insiders.

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.