Accsys Technologies (LON:AXS) Stock Crosses Above 50-Day Moving Average - Time to Sell?

Accsys Technologies PLC (LON:AXS - Get Free Report)'s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 46.71 ($0.57) and traded as high as GBX 46.90 ($0.58). Accsys Technologies shares last traded at GBX 46.40 ($0.57), with a volume of 25,586 shares.

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 50-day moving average price is GBX 46.65 and its 200-day moving average price is GBX 50.43. The stock has a market capitalization of £110.50 million, a PE ratio of -657.14 and a beta of 1.32.

Insider Buying and Selling at Accsys Technologies

In other Accsys Technologies news, insider Louis Eperjesi bought 21,000 shares of the company's stock in a transaction on Thursday, November 28th. The stock was acquired at an average price of GBX 47 ($0.58) per share, for a total transaction of £9,870 ($12,144.70). 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.