Accsys Technologies (LON:AXS) Stock Passes Below Two Hundred Day Moving Average - Should You Sell?

Accsys Technologies PLC (LON:AXS - Get Free Report)'s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 49.01 ($0.61) and traded as low as GBX 43.05 ($0.53). Accsys Technologies shares last traded at GBX 43.11 ($0.53), with a volume of 1,224 shares.

Accsys Technologies Trading Up 3.6 %

The company's fifty day moving average price is GBX 45.50 and its two-hundred day moving average price is GBX 48.83. The company has a quick ratio of 0.59, a current ratio of 2.71 and a debt-to-equity ratio of 54.32. The company has a market cap of £97.29 million, a price-to-earnings ratio of -578.57 and a beta of 1.32.

Insider Buying and Selling

In related news, insider Louis Eperjesi bought 21,000 shares of the company's stock in a transaction on Thursday, November 28th. The stock was bought at an average cost of GBX 47 ($0.58) per share, with a total value of £9,870 ($12,244.14). 27.89% of the stock is owned by corporate insiders.

About Accsys Technologies

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.